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Nvidia, AMD Stocks Rise as Trump Plans to Scrap Biden's Chip-Export Rules
Rumor refuted! Morgan Stanley confirms Marvell (MRVL.US) still holds a large order for Microsoft (MSFT.US) AI Chip and maintains a Target Price of $90.
Morgan Stanley released a research report, maintaining a "hold" rating on Marvell Technology, with a target price of $90.
Trump wants to amend AI Chip export controls? The U.S. Department of Commerce: Simplifying the 'Biden rules' is beneficial for innovation!
① A spokesperson for the USA Department of Commerce stated that President Trump plans to lift the restrictions on the export of advanced AI Chips instituted during the Biden administration, claiming that Biden's rules are overly complex and will hinder innovation in the USA; ② In January of this year, Biden released the "AI Diffusion Export Control Framework," establishing a "three-tier licensing system" for AI Chips, which limits the amount of advanced AI Chips accessible to various countries and regions.
Broadcom Options Spot-On: On May 7th, 120.88K Contracts Were Traded, With 2.12 Million Open Interest
Nvidia Stock Leaps on Report Trump Will Relax AI Chip Export Curbs -- Barrons.com
Shares of Chip Stocks Are Trading Higher Following a Report Indicating President Trump Will Rescind Global Chip Curbs.