- Nvidia (NVDA) falls 6.87% today, reaching minimal not seen since April 10.
- The United States government has imposed a special license on NVIDIA (NVDA) to export chips to China, with immediate effect.
The titles of Nvidia (NVDA) established a daily maximum at 106.79 $, where they found vendors that dragged the price of the minimum action of April 10 in 100.45 $. Currently, NVDA quotes at 104.49, losing 6.87% today.
The commercial war escalation has the actions of Nvidia
The United States Department of Commerce said the measure seeks to protect national economic security. The H20 chip will now require a special license for its export.
Nvidia (NVDA) pointed out that commercial restrictions could reduce innovation and world economic progress.
After this news, NVDA records a drop in the price of its shares of 6.87% on Wednesday, visiting April 10 at 100.45 $, after the imposition of a special license to sell chips to China, leading losses in Nasdaq 100.
Technical levels of NVIDIA
The Nvidia titles established a short -term resistance given by the maximum of March 17 at $ 122.89. The next key resistance is at $ 143.44, maximum of February 18. To the south, the important support is observed at $ 86.62, pivot point of April 7.
NVDA 4 hours chart
FAQS semiconductor actions
A semiconductor is a term used to refer to various types of computer chips. Officially called semiconductor devices, these computer chips are based on semiconductor materials such as silicon and Gallium arseniuro to process the electric current produced by the modern world of computer science. They come in many forms, sizes, improvements and configurations, such as diodes, transistors and integrated circuits, even more complex applications such as dram memory, simple processors and even GPU.
First, there are pure chip designers, such as Nvidia, AMD, Broadcom and Qualcomm. These companies use sophisticated software to design and try chips. Secondly, there are equipment manufacturers that provide the necessary machines to build computer chips. Among them are Asml and Lam Research. Then there are the foundations that manufacture the chips. Among them are Taiwan Semiconductor and Globalfoundries. Finally, there are manufacturers of integrated devices that design their own chips and, in addition, they are manufactured them. Among them are Samsung and Intel.
This is the observation that the number of transistors in an integrated circuit doubles every two years. The “Law” receives its name from Gordon Moore, founder of Fairchild Semiconductor and, subsequently, of Intel. Duplication is possible due to the reduction of process nodes or computer chip parts. In 1971, advanced commercial manufacturing had reached 10 microns wide. In 1987, semiconductor technology had advanced up to 800 nanometers wide. In 1999, this process had advanced until 180 nanometers. In 2007, the size had descended to 32 nanometers, and in 2022 it was reduced to the 3 nanometers, which approaches the size of the human DNA.
In 2022, the world semiconductor industry had income of just under 600 billion dollars. In total, the industry sent 1.15 billion semiconductor units in 2021. The main countries that participate in the semiconductor supply chain are Taiwan, the United States, China, Netherlands, South Korea, Japan and Israel.
Source: Fx Street
I am Joshua Winder, a senior-level journalist and editor at World Stock Market. I specialize in covering news related to the stock market and economic trends. With more than 8 years of experience in this field, I have become an expert in financial reporting.
