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AMD & Nvidia Stocks Drop on Senate AI Export Bill Uncertainty
AMD & Nvidia Stocks Drop on Senate AI Export Bill Uncertainty
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BTCCSquare news:
Advanced Micro Devices (AMD) and Nvidia (NVDA) shares tumbled after the U.S. Senate passed legislation restricting AI chip exports to China. AMD led the decline with a 5.46% drop, while Nvidia saw milder losses. The bill's fate remains uncertain—it could face a presidential veto or be modified by House lawmakers.
Market reaction highlights investor anxiety over escalating tech trade tensions. The Senate's move contradicts earlier export easements under the TRUMP administration, creating regulatory whiplash. Semiconductor stocks now face renewed volatility as Washington reshapes supply chain policies.
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