
Wednesday Sep 07, 2022
Big Government - Regulating Semiconductor Sales | News or Noise?
Retirement planning alert last Thursday on September 1st, In a filing with the SEC, semiconductor maker Nvidia disclosed that the U.S. government told the company on Aug. 26, about a new license requirement for future exports to China. This includes exports to and from Hong Kong. The rule's rationale was to reduce the risk that their products may be used by the Chinese military. Click here for more.
This week we cover the Biden administration's move telling Nvidia to stop selling its most advanced chips to China and Russia. This is news for Nvidia and most other semiconductor names.
Does this news affect your investments? Is it news that you can use to decide when and how to invest? Is this topic Newsworthy and should you be paying attention?
If you have $500K or more and would like a partnership with a firm to help you manage your investments and financial plan as in these videos, click on this link to connect with our advisors: https://click2retire.com/governmentregulatingsemi