London: European and Asian scholarships mainly withdrew Wednesday (April 16) after the US government has imposed export restrictions on a key Nvidia china in China, the Last trade salvo Between the biggest economies in the world.
Nvidia late Tuesday, informed the regulators that he expects a 5.5 billion US dollars this quarter due to a new US license requirement on the chip that she can sell legally in the Asian country.
Society at the heart of helping to feed artificial intelligence said it had to obtain licenses to export its H20 chips to China due to the concerns they could be used in supercomputers.
President Donald Trump's decision on NVIDIA “reports a drop led by technology for American actions” at the opening of Wall Street, noted Joshua Mahony, analyst at Trading Group Scope Markets.
After a few relatively peaceful days on the markets after last week's pricing rings, investors were again on the defensive, sending a Safe Haven gold above $ 3,300 Uce for the first time.
Nvidia's actions have dropped around six percent in the market after the market, and its Asian suppliers were also affected.
Trump also launched an investigation that could see prices imposed on critical minerals such as rare earths, which are used in a wide range of products, including smartphones, wind turbines and electric vehicle engines.
“Nvidia dropped the microphone, revealing new export borders on AI equipment towards China,” said Stephen Innes at Spi Asset Management.
“Then came the other shoe: Trump commanded a new investigation into the prices on critical minerals. Boom – just like that, we are back in Whiplash mode.
“Welcome to the new normal: one step forward, two pricing probes,” added Innes.
