Nvidia’s Export of AI Chips Caught Amid Biden’s Tech-Focused China Policy

The Biden Administration’s Pause: Nvidia’s Microchip Sales Affected In a strategic move with global implications, the Biden administration has halted Nvidia Corp.’s (NASDAQ: NVDA) microchip sales to the Middle East. The concern at hand is the potential re-export of these chips to China, a bold geopolitical maneuver recently highlighted by the Telegraph’s James Titcomb. National…

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Semiconductor Sector Poised for Bullish Momentum as Key Players Make Strategic Moves

In recent trading sessions, the Direxion Daily Semiconductor Bull 3X Shares (NASDAQ:SOXL) exhibited a modest spike before stabilizing near Thursday’s closing price. The ETF’s recent upward movement follows a breakout from an inside bar pattern highlighted by financial analysis platform Benzinga on June 28. As the semiconductor sector enters a bullish cycle, notable industry players…

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