Wednesday, June 28, 2023

Nvidia AMD Other US Chipmakers Face Fall in Shares as US Plans Curbs on Export to China

Shares of US chipmakers fell on Wednesday following a report that the Biden administration was planning new curbs on export of computing chips for artificial intelligence to China as early as July. Companies such as Nvidia, Advanced Micro Devices and Intel, which rely on the world's second largest economy for at least a fifth of their revenue, fell between 0.8 percent...

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'Our viewpoint is that we are trying to help consumers around the world': Micron finally breaks silence on claims it abandoned customers by dropping the Crucial memory brand

Micron confirms Crucial exit while emphasizing ongoing consumer support, highlighting enterprise DRAM growth and persistent shortages throug...