Chips Are Down Again

Team Veye | 17-Apr-2025

The party was too short lived. US stocks went back to their sell off mode going into a downward spiral on Wednesday. Tech was the first to blink after suggestions of putting new curbs on AI chip exports to China, by the Trump administration. 

Giant Chipmaker Nvidia lost 6.9% while other semiconductor stocks also sold off as investors envisaged greater uncertainty from U.S. President Donald Trump’s tariff plans that could eventually affect demands for chips.

The rush to saf...

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