Nvidia Down 3%, AMD Falls 2% After White House Imposes New AI Chip Export Restrictions - NVIDIA (NASDAQ:NVDA), Advanced Micro Devices (NASDAQ:AMD)
1. White House limits AI chip exports; AMD directly affected. 2. AMD shares declined by 2% in premarket following announcement. 3. Regulations may shrink international chip market for U.S. companies by 80%. 4. Semiconductor Industry Association raised objections, warning of competitive impact. 5. Exemptions exist for 18 trusted allies, affecting market dynamics.