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US chip stocks fall; Nvidia expects $5.5 bln charge on export curbs

ReutersApr 16, 2025 2:40 PM

U.S. semiconductor stocks fall, with Nvidia NVDA.O leading losses after the U.S. government limited exports of its H20 artificial intelligence chip to China

NVDA, down 6%, says it will face $5.5 bln in charges due to U.S. chip export controls

Advanced Micro devices AMD.O down 6.1% as curbs will hit its MI308 chip; Broadcom AVGO.O falls 1.8%, Micron Tech MU.O sheds 1.8%, Intel INTC.O drops 2.9%

World's biggest supplier of computer chip-making equipment ASML ASML.AS says tariffs clouding its outlook

European semiconductors and tech stocks declined, with European technology index .SX8P losing 2.7%

NVDA slides 16.5%, AMD slips 21.1%, AVGO plunges 22.8%, MU sheds 15.6%, INTC dips 1% this year, as of last close

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