Shares of Advanced Micro Devices, Inc. (NASDAQ:AMD) are moving higher Tuesday amid a complex mix of news involving potential U.S. export controls and newly announced tariffs on key Asian trading partners.
What To Know: The Us Government is reportedly weighing restrictions on exports of AI chips to Malaysia and Thailand, a move aimed at blocking indirect access to advanced processors by China. Nvidia, a major supplier of AI chips, is expected to be affected by the draft rule from the Commerce Department, which targets countries seen as potential backdoor routes for Chinese companies. The rule is not final and could still be modified, but it signals a sharper stance on technology exports to Southeast Asia.
