Artificial intelligence heavyweight Nvidia Corp (NASDAQ: NVDA) and peer Advanced Micro Devices, Inc (NASDAQ: AMD) stocks are trading Tuesday following reports of the Netherlands decision to block exports of specific lithography systems to China.
The Dutch government's decision impacts the NXT:2050i and NXT:2100i systems, which are essential for advanced microprocessor production.
This move complements U.S. export restrictions and aligns with a September directive mandating Dutch semiconductor firms to seek official approval before exporting specific chip-making tools.
ASML, a specialist in photolithography crucial for chip manufacturing, has announced that the recent revocation of its export license and U.S. export restrictions will not likely affect ...