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Express News | Shares of Semiconductor and Chip Stocks Are Trading Higher as Investors Assess US-China Trade Progress and Chipmaker Investments in Saudi Arabia
Major Bullish news? The White House 'AI Czar': The USA does not need to restrict chip exports to allies!
① David Sachs, the "Tsar" of AI and Cryptos at the White House, stated on Tuesday that the USA does not need to stop the Global spread of its AI Chips and technology to manage National Security risks; ② A few days ago, the Trump administration announced plans to lift the restrictions on advanced AI Chip exports imposed during the Biden era, namely the "Framework for Export Controls on AI Diffusion."
Express News | Shares of Chip Stocks Are Higher After the US and China Agreed to a Temporary Reduction in Most Tariffs on Each Other's Goods. A Reduction in Tariffs Could Alleviate Some Supply Chain Concerns and Improve Macro Sentiment as Well as Demand Visibility
Nvidia, AMD Stocks Rise as Trump Plans to Scrap Biden's Chip-Export Rules
TSMC Sees $28M Bullish Option Trade as Trump May Scrap Biden Chip Export Rules: Options Chatter
Express News | Benzinga Market Summary: S&P Rises As Trump Unveils UK Trade Framework, Bitcoin Surpasses $100K, Chip Stocks Higher Following Wednesday Report Suggesting Trump Will Rescind Global Chip Curbs