Nvidia, AMD Face Chip Export Curbs, As Biden Administration Considers Restrictions On Middle-East Countries, Others: Report – NVIDIA (NASDAQ:NVDA), Advanced Micro Devices (NASDAQ:AMD)

The Joe Biden administration is reportedly considering restricting the export of advanced AI chips from Nvidia Corporation NVDA and Advanced Micro Devices Inc. AMD to specific countries.

What Happened: The proposal which hasn’t been finalized…