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Asian shares fall as Nvidia, other tech companies are walloped by US controls on AI chips

  • World shares declined Wednesday, particularly in Asia, driven by technology sector concerns.
  • U.S. Restrictions on exports of AI chips to China impacted tech firms.
  • Trump's trade policies and tariffs contributed to market uncertainty and trade war fears.
  • Nvidia's shares fell 6.3% and AMD's shares dropped 7.1% after the U.S. Market closed.
  • The U.S. Dollar weakened, and concerns about Trump's tariffs affected business sentiment.
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Times Live broke the news in Johannesburg, South Africa on Tuesday, April 15, 2025.
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