$SUPER MICRO COMPUTER INC(SMCI)$
After the news that the Trump administration might relax the export restrictions on artificial intelligence chips spread in the market, the share price of NVIDIA (NVDA.US) strongly rallied during Wednesday's trading session and closed with a 3.1% gain. Other semiconductor stocks also generally moved higher, benefiting from the market expectations that this could subvert the policies of the Biden administration. According to foreign media reports citing informed sources, the Trump administration is considering revamping the AI chip export ban that was originally planned to take effect. This move will significantly impact the overseas business layouts of related companies such as NVIDIA, Super Micro Computer (SMCI.US), and Advanced Micro Devices (AMD.US).
Comments