US EditionNvidia, Broadcom, Marvell And Other Chip Stocks Fall On Unexpected US Move - NVIDIA (NASDAQ:NVDA)
- The U.S. Commerce Department is reviewing the potential cancellation of export waivers that currently permit leading semiconductor manufacturers, including Taiwan Semiconductor Manufacturing Company, Samsung Electronics, and SK Hynix, to ship American technology to their operations in China starting in June 2025.
- This measure builds on years of U.S. export restrictions designed to prevent China from obtaining cutting-edge artificial intelligence processors and manufacturing equipment, driven by concerns over national security and the risk of Beijing leveraging overseas chip factories operating within China.
- Last month, Nvidia reported that export limitations impacting its H20 chips destined for China resulted in approximately $8 billion in lost sales, while shares of semiconductor companies such as Nvidia, TSMC, Qualcomm, and Broadcom dropped by about 1–2% amid investor worries.
- Nvidia CEO Jensen Huang stated that U.S. companies are largely shut out of the $50 billion market for AI chips in China, describing this exclusion as a significant setback. Meanwhile, China criticized the restrictions as "discriminatory."
- If the waivers are revoked, this could accelerate semiconductor reshoring, disrupt supply chains, increase costs, and further strain the fragile U.S.-China trade relations amid ongoing policy discussions.
11 Articles
11 Articles
NBC Chicago
Chip stocks fall on report U.S. could terminate waivers for Taiwan Semi and others
The latest reported move by the Commerce Department comes as the U.S. and China hold an unsteady truce over tariffs and trade, with chip controls a key sticking...
A U.S. official told the world's three largest semiconductor companies - Samsung Electronics, SK Hynix and TSMC - that he plans to revoke the exemptions that currently allow these companies to use U.S. chip manufacturing equipment in Chinese factories, people familiar with the matter said.
Semis Slide on Report U.S. May Scrap Taiwan Waivers - Wall Street Pit
The U.S. semiconductor sector, including TSM, NVIDIA (NVDA) and Broadcom (AVGO), declined during Friday's session, after a WSJ report indicated the U.S. Commerce Department may revoke waivers allowing chipmakers to export U.S. technology to China. Proposed restrictions, discussed with Samsung Electronics (SSNLF), SK Hynix, and TSMC, aim to curb access…
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