Lattice Semiconductor shares are trading lower amid reports of the U.S. planning to revise its export controls on AI chips to limit China's access to advanced technologies with military applications.
Portfolio Pulse from Benzinga Newsdesk
Lattice Semiconductor shares are trading lower following reports of the U.S. planning to revise its export controls on AI chips to limit China's access to advanced technologies with military applications.

June 28, 2023 | 12:31 pm
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Lattice Semiconductor's stock price is falling due to reports of the U.S. planning to revise its export controls on AI chips, which could limit China's access to advanced technologies.
Lattice Semiconductor, a producer of AI chips, is directly impacted by the U.S. government's plan to revise export controls. This could limit their potential market in China, leading to a decrease in potential revenue and negatively affecting their stock price.
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