In the high-stakes game of chipmakers, the Advanced Micro Devices, Inc. AMD stumbled in premarket moments, reacting to news that China is set to eliminate U.S.-made microprocessors from its government machines. A move seen as part of Beijing’s drive towards homegrown technological solutions, underlined by ongoing trade tensions with Washington.
In contrast, Nvidia Corp. NVDA found itself on a different trajectory, as its diverse application of AI accelerators across global regions provided a buffer against the whirlwinds of geopolitical maneuvering. Nonetheless, Nvidia felt the weight of U.S. export restrictions on high-performance processors to China last year.
The premarket numbers now paint a vivid picture: AMD’s stock down 2.42% at $175.30, while Nvidia’s shares edged up 0.53% to $947.90, according to Benzinga Pro data.
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