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Investing.com-- Chinese chipmaking stocks fell sharply on Monday after a report said Beijing was considering allowing some local firms to buy NVIDIA Corp’s (NASDAQ:NVDA) advanced chips.
Chinese shares touched a one-year low, led by a selloff in technology firms after a report that authorities may allow purchases of Nvidia Corp.’s new chips and proposed US sanctions on foreign optical producers.
Investing.com -- Asian chipmaking stocks fell on Monday as renewed concerns over the pace of artificial intelligence development weighed on the sector, after OpenAI paused training, evaluation and inference with tool use for its most capable models while it strengthens safety controls.
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