Nvidia, AMD stocks hit by reported China chip ban, and other stocks on the move

Stock decliners

Nvidia Corp. NVDAand Advanced Micro Devices Inc. shares AMD fell nearly 5% and 3.5%, respectively ahead of Wednesday’s open after The Wall Street Journal reported that the Biden administration is preparing to put more curbs on sales of... Here are some of the bigger and more-active movers ahead of Wednesday’s stock market open:Nvidia Corp. NVDA and Advanced Micro Devices Inc. shares AMD fell nearly 5% and 3.

Blue Apron Inc.‘s stock APRN declined more than 4% in late trading on Tuesday after executives again promised adjusted profits in the future, while also expecting more job cuts.Overstock.com shares OSTK rose 5% after a judge approved the company’s $21.5 million bid to buy the assets of bankrupt retail chain Bed Bath & Beyond Inc.

AeroVironment Inc. shares AVAV rose more than 4% in premarket trading after the company reported strong sales of robotic systems, crediting their use in Ukraine. Harley-Davidson Inc. shares HOG ticked slightly higher after the motorcycle maker named a new chief financial officer.

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Nvidia, AMD stocks fall on report of new U.S. ban on AI chip exports to ChinaShares of Nvidia and Advanced Micro Devices slumped in the extended session Tuesday following a report that the Biden administration is considering a new ban on sales of AI chips to China.
Fuente: MarketWatch - 🏆 3. / 97 Leer más »

Nvidia, AMD stocks fall on report of new AI chip bans from Biden administrationShares of Nvidia Corp. and Advanced Micro Devices Inc. slumped in the extended session Tuesday following a report that the Biden administration is...
Fuente: MarketWatch - 🏆 3. / 97 Leer más »