The Dow Jones Industrial Average (DJINDICES: ^DJI) jumped over 600 points. Shares of many artificial intelligence (AI) stocks moved higher on the news. Semiconductor company Micron Technology (NASDAQ: ...
Sophgo was among 25 China-based companies and two Singapore-based companies added to the US restricted trade list.
The moves are part of the Biden administration’s last-gasp efforts to clamp down on China’s harnessing of AI for its military ...