Policy/General News

Chip stocks hit two-year low as more tech and China's AI ban add to woes

Chip stocks hit two-year low as more tech and China’s AI ban add to woes

The chip sector slumped Friday for its third 6% one-day drop of the year after U.S. regulators moved to curb China’s military ambitions by imposing broader restrictions on semiconductors and technology of AI that can be sold to the second largest in the world. economy. On Friday, the US Department of Commerce expanded its list …

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