Nvidia slips as Biden expands AI chip rules: What you need to know

By Josh Lipton and Julie Hyman featuring Chris Miller, Associate Professor of International History at The Fletcher School

Nvidia (NVDA) closed 2% lower after the Biden administration introduced new export restrictions on advanced AI chips to adversaries like China.

Christopher Miller, author of Chip War: The Fight for the World’s Most Critical Technology and Tufts professor, explains on Market Domination Overtime that these rules started under the Trump administration to limit China’s access to cutting-edge technology, like chips.

Watch the video here.

(This post is republished from Yahoo Finance.)