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US expands export blacklist to keep computing tech out of China [Verge, The]

NVIDIA Corporation (NVDA)  More Company Research Source: Verge, The
Last nvidia corporation earnings: 2/13 04:20 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.nvidia.com/home/default.aspx
The US has added 80 organizations and companies to a trading export blacklist in an effort to prevent China from acquiring computing technology for military purposes. The new restrictions announced by the US Department of Commerce's Bureau of Industry and Security (BIS) are the latest attempt to block foreign access to cutting-edge American chips, despite prior objections from Nvidia and semiconductor industry groups More than 50 of the new entities added to the list are based in China, with others located in Iran, Taiwan, Pakistan, South Africa, and the United Arab Emirates. BIS says the restrictions have been applied to entities that acted “contrary to US national security and foreign policy,” and are intended to hinder China's ability to develop high-performance computing capabilities, quantum technologies, advanced artificial intelligence, and hypersonic weapons. “American technology should never be used against the American people,” said Jeffrey Kessler, Under Secretary of C [Read more]

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Stockreport

US expands export blacklist to keep computing tech out of China [Verge, The]

NVIDIA Corporation  (NVDA) 
Last nvidia corporation earnings: 2/13 04:20 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.nvidia.com/home/default.aspx
The US has added 80 organizations and companies to a trading export blacklist in an effort to prevent China from acquiring computing technology for military purposes. The new restrictions announced by the US Department of Commerce's Bureau of Industry and Security (BIS) are the latest attempt to block foreign access to cutting-edge American chips, despite prior objections from Nvidia and semiconductor industry groups More than 50 of the new entities added to the list are based in China, with others located in Iran, Taiwan, Pakistan, South Africa, and the United Arab Emirates. BIS says the restrictions have been applied to entities that acted “contrary to US national security and foreign policy,” and are intended to hinder China's ability to develop high-performance computing capabilities, quantum technologies, advanced artificial intelligence, and hypersonic weapons. “American technology should never be used against the American people,” said Jeffrey Kessler, Under Secretary of C [Read more]

IMPACT SNAPSHOT
EVENT TIME:
NVDA
Last Price
Price Change
Price Change %
Volume Shares
Max Up
Max Down
Volume Ratio
%
Don't Miss Out On The Next BIG Stock Move
Performance comparison Updated
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
LAST PRICE
VWAP
High:
MAX UP
High:
Low:
MAX DOWN
Low:
%
POST NEWS RANGE
%
PRICE CHANGE

PRICE CHANGE PERCENTAGE


S&P 500 (SPX)

%

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%

VOLUME (SHARES)
TICKS

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EVENT DAY
Event Day Chart will not be displayed beyond 90-day period of the event
PERFORMANCE SINCE EVENT
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