Trump Admin to Replace Some Biden-Era Chip Export Restrictions

Stock prices for major semiconductor designers and manufacturers jumped at reports the government was considering pulling back some restrictions.

Nvidia stock more than tripled in value for the year-to-date through early November. Dreamstime/TNS

The Trump administration is moving to end Biden-era restrictions on how U.S. semiconductors are sold overseas.

Stock prices for major semiconductor designers and manufacturers jumped at reports that Washington could be ending some restrictions on sales of chips, though details remain scarce.