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NVIDIA heats Wall Street on Wednesday after she said that the new restrictions on exports to China would land billions of dollars.
S&P 500 decreased by 0.9 percent in early trading. The Dow Jones industrial average decreased 180 points, or 0.4 percent, as of 9.35 am of eastern time, while the slide of NVIDIA and other shares in the chips industry has ran 1.7 percent.
NVIDIA was an individual weight in the market and decreased by 5.7 percent after it said that the US government was restricting H20 chips to China, noting fears that it could be used to build a large computer.
The border can fly about 5.5 billion US dollars of NVIDIA results for the first quarter, which covers the fees related to stock and purchase obligations.
China and the United States, the world’s largest economist, were imprisoned in a trade war, definitions and other obstacles to trade between each other.
But these restrictions on exports of chips used in artificial intelligence technology gets more support from both American political parties, and not only President Donald Trump.
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