Biden administration announces new Chinese chips probe, Semiconductor stocks gain [Yahoo! Finance]
NVIDIA Corporation (NVDA)
Last nvidia corporation earnings: 2/13 04:20 pm
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Source: Yahoo! Finance
Investing.com -- U.S. semiconductor stocks mostly edged higher in premarket trading on Tuesday after the Biden administration launched a new trade investigation into Chinese-made legacy semiconductors. The probe, initiated under Section 301 of the Trade Act of 1974, could lead to additional tariffs on older Chinese chips that are used in everyday products such as automobiles, washing machines, and telecom gear. Semiconductor companies like Broadcom (NASDAQ:AVGO), AMD (NASDAQ:AMD), and Marvell (NASDAQ:MRVL) Technology saw gains of around 1.8%, 1.8%, and 0.4%, respectively. Meanwhile, ETFs tracking the sector, including the SOXX and SMH, rose by 0.3% and 0.2%. Micron (NASDAQ:MU) also posted a modest gain of 0.1%, while Nvidia (NASDAQ:NVDA) and Taiwan Semiconductor saw slight declines of 0.3% and 0.8%. The investigation is aimed at protecting U.S. semiconductor producers from China's state-driven expansion of its chip industry, which has enabled Chinese companies to offer chips at
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NVDA
Earnings
- 11/20/24 - Beat
NVDA
Sec Filings
- 12/20/24 - Form 4
- 12/18/24 - Form 4
- 12/16/24 - Form 144
- NVDA's page on the SEC website