Chipmakers trade lower on report that U.S. is weighing new curbs on AI chip exports to China

The U.S. is considering new restrictions on AI chip shipments to China according to a report from the Wall Street Journal. Shipments to China from chipmakers such as Nvidia could be blocked by the U.S. Department of Commerce as early as next month. Callie Cox, eToro USA Investment Analyst and Matt Maley, Miller Tabak Managing Director and Equity Strategist break down the impact the report is having on chipmaking stocks.