List of Flash News about China chip export
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2025-05-07 19:47 |
Nvidia and AMD Stocks Surge as US Lifts China Chip Export Restrictions – Impact on Crypto Mining Hardware Market
According to Brad Freeman (@StockMarketNerd) on Twitter, the US has lifted chip export restrictions to China for Nvidia ($NVDA) and AMD ($AMD), causing both stocks to see immediate positive momentum. This policy shift is significant for cryptocurrency traders, as it is likely to increase the availability of advanced GPUs for crypto mining operations, potentially improving mining efficiency and profitability (Source: Brad Freeman via Twitter, May 7, 2025). Traders should monitor both chip manufacturer stocks and crypto mining hardware prices for increased volatility and possible short-term rallies. |