China Rejects US Chip Sales: AMD Falls 3.3%, NVDA Down 2.2% as Geopolitical Tensions Resurface

Samsung's sharp selloff and North Korea tensions spilled into US semiconductor futures on May 15, with AMD sliding 3.3% and NVDA down 2.2% as traders questioned whether China export restrictions had already been baked into valuations. The China pushback on chip purchases contradicts earlier hopes for thawing tensions, raising questions about the durability of the CLARITY Act and H200 approval as geopolitical winds shift.