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126 US Chipmakers Fear Ceding China's AI Market to Huawei After New Trump Restrictions

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EditorDavid @ Slashdot · 04/20/2025 00:34 EDT

US Chipmakers Fear Ceding China's AI Market to Huawei After New Trump Restrictions

The Trump administration is "taking measures to restrict the sale of AI chips by Nvidia, Advanced Micro Devices and Intel," especially in China, reports the New York Times. But that's triggered a series of dominoes. "In the two days after the limits became public, shares of Nvidia, the world's leading AI chipmaker, fell 8.4%. AMD's shares dropped 7.4%, and Intel's were down 6.8%." (AMD expects up to $800 million in charges after the move, according to CNBC, while NVIDIA said it would take a quarterly charge

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