Nvidia, AMD and ASML Hit by Trump’s Clampdown on Ai Chips – ryan

Three of the World’s largest semiconductor companies have revealed a multibillion-dollar hit from President Trump’s escalating trade war with China.

Nvidia, the US chipmaker, said it expected to book a $ 5.5 Billion charge to new restrictions on chip exports imposed by the US government as it attempts to stop china from making advances in artificial intelligence technology.

Advanced Micro Devices, Another US Chipmaker, said on Wednesday it expected to take on $ 800 million hit after the US government imposed new restrictions on the sale of its semiconductor products to China.

ASML, the Dutch Company that is the world’s biggest supplier of computer chip-making equipment and counts nvidia and amd as customers, separately warned that us tariffs are increasing uncertainty around its outlook for 2025 for 2025

Source link