Wall Street Sinks, Nvidia Slides Amid Fresh U.S. Chip Export Restrictions

Wall Street dipped Wednesday, led by chipmakers, after new U.S. export curbs hit Nvidia and AMD hard, wiping billions from their outlooks. Nvidia warned of a $5.5 billion charge, AMD $800 million. Investors grew cautious as trade tensions, tariff worries, and Fed rate speculations added uncertainty, despite strong retail sales data and stable earnings from United Airlines.

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