Trump To Revise AI Chip Curbs. What Does That Mean For Nvidia And AMD?
President Donald Trump plans to rescind Biden-era export cubs on AI chips, according to a report.
The news sparked a brief rally in Nvidia stock and shares of AMD, which slipped in extended trading as Wall Street continued to grapple with market uncertainty.
Trump plans to revise semiconductor trade restrictions imposed to mitigate national security risks related to the rapid advance of AI, Bloomberg reported Wednesday, citing unnamed sources.
