Nvidia had to write off $4.5 billion due to the ban in Q1, with an additional $8 billion hit expected in Q2, while AMD reported an $800 million loss in Q2.

Nvidia stock is trading flat on the Trump China AI chips move, but rival AMD's shares have rallied on the latest development.

Nvidia stock was edging down Wednesday. Its next generation of artificial-intelligence chips could face a delay amid a greater challenge from Advanced Micro Devices, according to one analyst.Nvidia ...

The publication was not able to determine how often shipments were being tracked or when the operation began, but notes that ...

After Trump curbed sales to China of Nvidia's H20 AI chips in April, the company's CEO personally convinced him to reverse course. The post Trump's About-Face on Chip Sales to China Sets a Troubling ...