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Chip Stocks Shed $73 Billion After US Curbs Nvidia Sales to China

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Semiconductor stocks slipped on Tuesday after the US announced sweeping updates to export curbs designed to block China’s access to advanced computer chips, changes that will restrict the sale of semiconductors that Nvidia Corp. designed specifically for the Chinese market.

Wyndham Rejects $9.8 Billion Takeover Offer from Choice HotelsUS Economic Data Keep Coming In Stronger and Defying ForecastsUS Restricts Sale of Nvidia Made-for-China Chips in New RulesBofA Beats Estimates on Trading and Net Interest Income GainsThe Best Bar in the World Is Sips in BarcelonaIsraeli Interest Rate Cut Bets Fizzle Out as Central Bank Protects ShekelActivist Investor Engaged Takes Position in VF Corp.

Goldman Traders Help Counter Real Estate Losses, Stagnant M&AUS Economic Data Keep Coming In Stronger and Defying ForecastsSpain Starts Trial Into Iberdrola’s Alleged Price ManipulationHSBC Blocks Staff From Texting on Their Work PhonesBRI Latest: Forum for Xi’s Signature Project Starts in BeijingIsrael Latest: Biden Plans Mideast Trip in Drive to Contain WarClimate Protesters Block Oil Executives From London EventUS Factory Production Rises on Firmer Output of Consumer GoodsIsrael Says...

 

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