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Nvidia (NVDA) Plunges on Amazon and Microsoft Backing AI Chip Export Restrictions

Reuters Read original source (opens in a new tab)
The Story

News Summary

  • Amazon and Microsoft support the GAIN AI Act to restrict Nvidia's chip exports to China, aiming to prioritize domestic AI chip supply and limit China's military AI capabilities.
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NVDA price history

219.34 +22.20% over the displayed period

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