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Biden Targets China With New Chip Restrictions, Nvidia Slides Before Bouncing Back

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Biden Targets China With New Chip Restrictions, Nvidia Slides Before Bouncing Back

B
Benzinga

84 Views • Dec 02, 2024

Description

On Monday, the outgoing Biden administration will implement its third crackdown on China’s semiconductor industry within three years, citing the same national security threats as reasons it mentioned for its prior sanctions, intensifying geopolitical tensions between the countries.