Qualcomm Inc (NASDAQ:QCOM) shares are trading lower on Monday amid possible trade tensions. It was reported that the U.S. is planning to restrict shipments of AI chips to Malaysia and Thailand over China concerns.
According to the Los Angeles Times, President Donald Trump's administration is planning new export restrictions that would require U.S. companies to obtain licenses before sending advanced AI chips to Malaysia and Thailand. The goal is to prevent the indirect transfer of sensitive technology to China.
