Chip stocks fall on ASML forecast cut, potential US AI chip export cap

on Oct 16, 2024 06:04:AM

Semiconductor stocks in the United States and Asia fell after chip equipment maker ASML cut its annual sales forecast over weak non-AI chip demand while a report said the Biden administration was considering capping sales of advanced artificial intelligence processors to some countries. AI chip giant Nvidia, which had briefly surpassed Apple as the world’s […]

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