Nvidia-AMD China Deal, General Motors Rises, Cannabis Linked Companies Rally
On this edition of Stock Movers:- Nvidia (NVDA) shares are down right now while Advanced Micro Devices (AMD) shares are gaining. Both chip companies have agreed to pay 15% of their revenues from Chinese AI chip sales to the US government in an unusual deal that threatens to set a precedent for American companies doing business in the Asian nation. Meantime, President Donald Trump signaled on Monday that he’d be open to allowing Nvidia Corp. to sell a scaled-back version of its most advanced AI chip to China. Trump said he would consider a deal that would allow Nvidia to ship its…
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