Chinese A.I. stocks fall as U.S. reportedly weighs curbs on chip exports

China's AI stocks fell Wednesday after The Wall Street Journal reported that the U.S. is planning to impose more chip restrictions

China's AI stocks fell Wednesday on news of the U.S. planning to impose more chip restrictions on China.

China's CSI Artificial Intelligence Index slipped 3.76%. Inspur Electronic Information Industry Co Ltd and Chengdu Information Technology of Chinese Academy of Sciences slumped 10%. The Wall Street Journal report, which cited sources familiar with the matter, said that the curbs could come as quickly as next month to stop Nvidia and other chip makers from selling to customers in China.

A Nvidia Corp. HGX H100 artificial intelligence supercomputing graphics processing unit at the showroom of the company's offices in Taipei, Taiwan, on Friday, June 2, 2023.China's artificial intelligence stocks fell Wednesday after theAccording to the Journal, U.S. chip makers such as

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