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Stock impact report

US stock futures weaker after Nvidia warning due to US export ban [USA TODAY]

U.S. Bancorp (USB) 
Last u.s. bancorp earnings: 4/15 06:45 am Check Earnings Report
Company Research Source: USA TODAY
Nvidia said it will record a $5.5 billion charge due to the U.S. export ban on its H20 chip for China. The U.S. government said it would require export licenses for some artificial-intelligence chips made by Nvidia and AMD, including "NVIDIA H20, AMD MI308, and their equivalents." AMD shares also fell on the requirement as well as first-quarter orders that fell below analysts' expectations. The company warned that President 's erratic tariff policies were creating uncertainty for the industry and companies were holding back spending. The decline comes after stocks drifted lower on Tuesday as investors remained on edge over tariffs. Even though Trump showed signs of softening his aggressive tariff plan with an exemption last week for smartphones, computers and other electronics and floated a temporary exemption for autos, the administration continues to be amadamant more tariffs are coming soon. At 7:58 a.m. ET, futures tied to the blue-chip Dow index fell 0.02%, ro 10 point Show less Read more
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