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Chip stocks fall like Nvidia, AMD warns of China’s export costs

Nvidia Jensen Huang’s CEO delivers a major NVIDIA GPU conference at SAP Center in San Khase, California, March 18, 2025.

Brittany Hosie-Smal | Reuters

Technology stocks fell on Wednesday led by drop by 5% NvidiaBecause the sector of production of chips mentioned that the president Donald TrumpFolored tariff plans can interfere with demand and growth.

Nvidia found in supply On Tuesday, which will need a $ 5.5 billion fee related to its export Graphics H20 Processing units to China and other countries and stated that the government would require licenses to send chips there and other directions.

The chip was designed specifically for use in China during the Presidential Administration Joe Biden to meet US export restrictions that prohibit the sale of advanced II processors, which amounted to about $ 12 to 15 billion in 2024. Extended micro -device The application on Wednesday stated that the last export control on its MI308 products can lead to a hit by $ 800 million.

The reserves of the chips fought as a result of the sweeping restrictions of President Donald Trump, caused by fears that higher tariffs would suppress demand.

Disclosure of Nvidia and AMD information – the first major signs that Trump’s tough battle with China can greatly interfere with the growth of chips. The administration made some exceptions for electronics, including semiconductors but warned that separately tariffs could go down the road.

Adding to the sector of the hassle was a disappointing print from the Dutch Equipment Manufacturer for Semico Asml. Campaign Missing order expectations And he said that the limits of tariffs create uncertainty of demand. The shares fell about 5%.

A Vaneck Semiconductor ETF More than 4%fell, AMD plunged over 5%. Micro -technology. Marvell Technology and Broadcom About 2% sank each. Equipment Manufacturers Applied materials and Lam Research It fell by about 3% each.

Decrease thrown to a wider market and Tech-Heavy Nasdaq Composite, which fell by almost 2%. Meta -platform, Alphabet and Tesla lost about 2% each. Amazon. Microsoft and Apple were the last decreased by approximately 1% in each.

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