{"id":121673,"title":"Tech Stocks Slide as Trump Cracks Down on Chipmakers","publisher":"Share Talk","author":"sharetalk","published":"2025-04-16T12:17:20+00:00","modified":"2025-04-16T12:17:20+00:00","canonical_url":"https://www.share-talk.com/tech-stocks-slide-as-trump-cracks-down-on-chipmakers/","markdown_url":"https://www.share-talk.com/tech-stocks-slide-as-trump-cracks-down-on-chipmakers.md","json_url":"https://www.share-talk.com/tech-stocks-slide-as-trump-cracks-down-on-chipmakers.json","category":"B2B","categories":["B2B","Blogs","Business & Support Services","Technology","Technology, Media & Telecoms"],"tags":["AI chip","Apple","ASML","china","Chinese market","Chipmakers","Dell","H20 chip","Tech Stocks"],"featured_image":"https://i0.wp.com/www.share-talk.com/wp-content/uploads/2025/04/AI-Chip.webp?fit=1200%2C800&quality=80&ssl=1","format":"news","language":"en-GB","content":"**Tech Stocks Lead Global Sell-Off as U.S. Tightens AI Chip Export Rules**\n\nTechnology shares dragged global equities lower after the Trump administration escalated trade tensions by introducing fresh restrictions on AI chip exports to China.\n\nThe Nasdaq fell as much as 2.4% in premarket trading, with Nvidia leading the decline. The chipmaker’s shares were poised to drop 6.6% after it warned on Tuesday that new export controls would cost the company $5.5 billion (£4.1 billion). The restrictions target its H20 chip, a model developed specifically for the Chinese market and designed to support artificial intelligence applications.\n\nOther major tech firms also suffered. ASML, the world’s largest supplier of semiconductor manufacturing equipment, slipped 4.6%, while Dell and Apple declined 3.2% and 1.8%, respectively.\n\nFrancois Antomarchi of Degroof Petercam Asset Management commented: “We’re maintaining a defensive stance in this period of heightened uncertainty, and are becoming increasingly cautious on tech stocks and sectors with significant exposure to China.”\n\nHe added: “The question now is whether we’ve reached the geopolitical bottom of this trade war—and I’m not convinced we have.”"}