A potential U.S. ban on investment in Chinese tech could hurt these sectors

executive order to ban U.S. investment into high-end Chinese tech

, such as artificial intelligence, quantum computing, 5G and advanced semiconductors, according to a Politico report last week. It's unclear whether or when such a rule might take effect. The report indicated ongoing internal debate within the U.S. government. "If there were a strict investment ban on US investors, it could create a significant supply of shares over the grace period and hence potential large volatility in the near term," Bank of America's Hong Kong-based research analysts said in a note Tuesday. "Potential long-term impact is less clear."

"Though AI is quite prevalent in today's online world, companies that don't have a large business in external AI solutions [will] likely see a lower chance [of] being targeted by the U.S. side," the analysts said.

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Asian stocks edge down as investors eye central bank hikesAsian shares edged down and bonds nursed small losses on Tuesday as investors braced for an eventful week that will include central bank meetings, a slew of earnings reports and key U.S. economic data.
Source: Reuters - 🏆 2. / 97 Read more »