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-0.000208517958609292 -0.000364906427566187 0.00112078402752439 0.00656831569618929 0.0014596257102643 -0.00463952457905445 -0.00758484074440918 -0.00667257467549393
Stock impact report

Intel, Nvidia shares Dropped Amid Growing Fears of Escalating US-China Chip Conflict [Yahoo! Finance]

Taiwan Semiconductor Manufacturing Company Ltd. (TSM) 
Last taiwan semiconductor manufacturing company ltd. earnings: 4/17 04:00 pm Check Earnings Report
Company Research Source: Yahoo! Finance
Qualcomm ( QCOM Financial ) saw their stocks plunge, with Intel declining by over 4% and Nvidia by 1.6% and posting losses. This downturn occurred against the Commerce Department's strict export restrictions to Taiwan Semiconductor Manufacturing Co ( TSM Financial ). They demanded that the tech giant stop exporting its advanced AI chips to China. The action was applied due to the rising concerns over security by the US Government and the continuously brewing chip war with China, which has raised alarm across the semiconductor industry. Warning! GuruFocus has detected 6 Warning Signs with NVDA. It becomes evident that TSMC's decision to stop selling Chinese customers AI chips, including the innovative 7-nanometer process, could deepen the existing U.S.-China chip war, especially in the wake of President-elect Donald Trump's administration, which previously targeted Chinese tech firms, including Huawei. As these tensions rise, the chip sector finds further instability, creating warn Show less Read more
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