China Warns Against New Export Controls On US Chips After Nvidia Scandal
Published . Updated .
Covered by 5 outlets: Macau Business, CNA, www.daily-sun.com, Al Arabiya English, Sarawak Tribune.
Key takeaways
- China, International, MNA, Newsletter | China warned the United States on Friday against putting additional export controls on semiconductors in the wake of the scandal surrounding AI chip giant Nvidia.
- Exposed: SMH, SOXX, KWEB, XRT, FXI
- Market reaction: SOXX −5.1% on the day (still updating); SMH −4.4% on the day (still updating); NVDA −3.3% on the day (still updating)
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China, International, MNA, Newsletter | China warned the United States on Friday against putting additional export controls on semiconductors in the wake of the scandal surrounding AI chip giant Nvidia.
Directly affected
- NVDA Nvidia-26.1% 30d
Named in this report.
Indirectly affected
- SMH VanEck Semiconductor ETF-16.2% 30d
VanEck Semiconductor ETF: it holds chipmakers. Linked by “chips” (semiconductors) in this story.
- SOXX iShares Semiconductor ETF-20.7% 30d
iShares Semiconductor ETF: it holds chipmakers. Linked by “chips” (semiconductors) in this story.
- QQQ Invesco QQQ-9.8% 30d
Invesco QQQ: it holds the big tech and AI names. Linked by “ai” (AI and big tech) in this story.
- KWEB KraneShares CSI China Internet ETF-5.9% 30d
KraneShares CSI China Internet ETF: it holds Chinese internet companies. Linked by “china” (Chinese tech) in this story.
- FXI iShares China Large-Cap ETF-2.2% 30d
iShares China Large-Cap ETF holds stocks listed in China, which this story is about (“china”).
- ASML ASML Holding N.V-13.3% 10d
ASML Holding N.V (special industry machinery): chip demand, export rules and supply drive chipmakers' shares. Linked by “chips” (semiconductors) in this story.
- TSM Taiwan Semiconductor Manufacturing-10.2% 30d
Taiwan Semiconductor Manufacturing (semiconductors and related devices): chip demand, export rules and supply drive chipmakers' shares. Linked by “chips” (semiconductors) in this story.
- AVGO Broadcom+2.6% 30d
Broadcom (semiconductors and related devices): chip demand, export rules and supply drive chipmakers' shares. Linked by “chips” (semiconductors) in this story.
Price reaction, T-5 to T+3
| Ticker | T-5 | T-3 | T-1 | T0 | T+1 | T+2 | T+3 |
|---|---|---|---|---|---|---|---|
| NVDA | +12.42% | +1.63% | base | -3.32% | after close | after close | after close |
| SMH | -7.61% | -3.62% | base | -4.38% | after close | after close | after close |
| SOXX | -11.91% | -5.47% | base | -5.08% | after close | after close | after close |
| QQQ | -4.63% | -1.94% | base | -1.85% | after close | after close | after close |
| KWEB | +8.65% | +5.07% | base | -0.57% | after close | after close | after close |
| FXI | +4.36% | +2.79% | base | -0.42% | after close | after close | after close |
| ASML | -4.85% | +0.72% | base | -1.23% | after close | after close | after close |
| TSM | -7.50% | -2.24% | base | -2.46% | after close | after close | after close |
| AVGO | -19.45% | -8.83% | base | -5.66% | after close | after close | after close |
Closing-price change versus T-1, the last close before the story. T0 to T+3 fill in after each market close. Prices: Alpaca IEX.
China warns against new export controls on US chips after Nvidia scandal Macau Business
Source: Macau Business
Vaneck Etf Trust (SMH) since this story, compared with the market
| Company | When | Move | Status |
|---|---|---|---|
| Asml Holding (ASML) | that day | -1.23% | still updating |
| Asml Holding (ASML) | three days earlier | +0.72% | final price |
| Asml Holding (ASML) | five days earlier | -4.85% | final price |
| AVGO | that day | -5.66% | still updating |
| AVGO | three days earlier | -8.83% | final price |
| AVGO | five days earlier | -19.45% | final price |
| Ishares China Large-Cap Etf (FXI) | that day | -0.42% | still updating |
| Ishares China Large-Cap Etf (FXI) | three days earlier | +2.79% | final price |
| Ishares China Large-Cap Etf (FXI) | five days earlier | +4.36% | final price |
| Kraneshares Csi China Internet Etf (KWEB) | that day | -0.57% | still updating |
| Kraneshares Csi China Internet Etf (KWEB) | three days earlier | +5.07% | final price |
| Kraneshares Csi China Internet Etf (KWEB) | five days earlier | +8.65% | final price |
| Nvidia (NVDA) | that day | -3.32% | still updating |
| Nvidia (NVDA) | three days earlier | +1.63% | final price |
| Nvidia (NVDA) | five days earlier | +12.42% | final price |
| QQQ | that day | -1.85% | still updating |
| QQQ | three days earlier | -1.94% | final price |
| QQQ | five days earlier | -4.63% | final price |
| Vaneck Etf Trust (SMH) | that day | -4.38% | still updating |
| Vaneck Etf Trust (SMH) | three days earlier | -3.62% | final price |
| Vaneck Etf Trust (SMH) | five days earlier | -7.61% | final price |
| Ishares Tr (SOXX) | that day | -5.08% | still updating |
| Ishares Tr (SOXX) | three days earlier | -5.47% | final price |
| Ishares Tr (SOXX) | five days earlier | -11.91% | final price |
| Taiwan Semiconductor Manufacturing (TSM) | that day | -2.46% | still updating |
| Taiwan Semiconductor Manufacturing (TSM) | three days earlier | -2.24% | final price |
| Taiwan Semiconductor Manufacturing (TSM) | five days earlier | -7.50% | final price |
Congressional trades in the stocks in this story
- Rep. Maria Elvira Salazar bought Nvidia (NVDA), worth $1,001 - $15,000 on 23 Oct 2026. That is 21 days before publication. Filed 5 Nov 2026. View the filing.
- Rep. Gilbert Cisneros sold Nvidia (NVDA), worth $1,001 - $15,000 on 20 Oct 2026. That is 24 days before publication. Filed 10 Nov 2026. View the filing.
- Rep. Rohit Khanna sold Nvidia (NVDA) (held by a spouse), worth $1,001 - $15,000 on 7 Oct 2026. That is 37 days before publication. Filed 5 Nov 2026. View the filing.
- Rep. Kevin Hern sold Asml Holding (ASML) (jointly held), worth $15,001 - $50,000 on 23 Oct 2026. That is 21 days before publication. Filed 28 Oct 2026. View the filing.
- Rep. Cleo Fields bought Taiwan Semiconductor Manufacturing (TSM), worth $1,001 - $15,000 on 9 Oct 2026. That is 35 days before publication. Filed 22 Oct 2026. View the filing.
- Rep. Gilbert Cisneros bought Taiwan Semiconductor Manufacturing (TSM), worth $1,001 - $15,000 on 22 Sep 2026. That is 52 days before publication. Filed 12 Oct 2026. View the filing.
- Rep. Michael T. McCaul sold Taiwan Semiconductor Manufacturing (TSM) (held by a spouse), worth $1,001 - $15,000 on 25 Aug 2026. That is 80 days before publication. Filed 14 Oct 2026. View the filing.
- Rep. Rohit Khanna bought Broadcom (AVGO) (held by a spouse), worth $1,001 - $15,000 on 13 Oct 2026. That is 31 days before publication. Filed 5 Nov 2026. View the filing.
- Rep. Rohit Khanna sold Broadcom (AVGO) (held by a spouse), worth $1,001 - $15,000 on 25 Sep 2026. That is 49 days before publication. Filed 7 Oct 2026. View the filing.
- Rep. John J McGuire III sold Broadcom (AVGO) (held by a spouse), worth $1,001 - $15,000 on 24 Sep 2026. That is 50 days before publication. Filed 1 Nov 2026. View the filing.
Public disclosure filings, not a recommendation. The filing link is the source document. News use of these reports still sits under 5 U.S.C. § 13107(c).
Who gains and who loses around Vaneck Etf Trust (SMH)
Companies mentioned with this story
- SMH Vaneck Etf Trust
For “China Warns Against New Export Controls On US Chips After Nvidia Scandal,” Vaneck Etf Trust (SMH) is linked, with no stored direction, medium confidence. Reason on file: VanEck Semiconductor ETF: it holds chipmakers. Linked by “chips” (semiconductors) in this story
- SOXX Ishares Tr
For “China Warns Against New Export Controls On US Chips After Nvidia Scandal,” Ishares Tr (SOXX) is linked, with no stored direction, medium confidence. Reason on file: iShares Semiconductor ETF: it holds chipmakers. Linked by “chips” (semiconductors) in this story
- KWEB Kraneshares Csi China Internet Etf
Kraneshares Csi China Internet Etf (KWEB) is linked, with no stored direction, medium confidence in the 13 Nov 2026 story “China Warns Against New Export Controls On US Chips After Nvidia Scandal.” Reason on file: KraneShares CSI China Internet ETF: it holds Chinese internet companies. Linked by “china” (Chinese tech) in this story
- XRT Spdr Series Trust
Spdr Series Trust (XRT) is linked, with no stored direction, medium confidence in the 13 Nov 2026 story “China Warns Against New Export Controls On US Chips After Nvidia Scandal.” Reason on file: SPDR S&P Retail ETF: it holds retailers. Linked by “china” (retail and consumer goods) in this story
- FXI Ishares China Large-Cap Etf
Ishares China Large-Cap Etf (FXI) is linked, with no stored direction, medium confidence in the 13 Nov 2026 story “China Warns Against New Export Controls On US Chips After Nvidia Scandal.” Reason on file: iShares China Large-Cap ETF holds stocks listed in China, which this story is about (“china”)
- NVDA Nvidia
Nvidia (NVDA) is linked, with no stored direction, medium confidence in the 13 Nov 2026 story “China Warns Against New Export Controls On US Chips After Nvidia Scandal.” Reason on file: Nvidia (semiconductors and related devices): chip demand, export rules and supply drive chipmakers' shares. Linked by “chips” (semiconductors) in this story
- ASML Asml Holding
In “China Warns Against New Export Controls On US Chips After Nvidia Scandal,” Asml Holding (ASML) is linked, with no stored direction, medium confidence. Reason on file: ASML Holding N.V (special industry machinery): chip demand, export rules and supply drive chipmakers' shares. Linked by “chips” (semiconductors) in this story
- TSM Taiwan Semiconductor Manufacturing
In “China Warns Against New Export Controls On US Chips After Nvidia Scandal,” Taiwan Semiconductor Manufacturing (TSM) is linked, with no stored direction, medium confidence. Reason on file: Taiwan Semiconductor Manufacturing (semiconductors and related devices): chip demand, export rules and supply drive chipmakers' shares. Linked by “chips” (semiconductors) in this story
Vaneck Etf Trust (SMH)
On 13 Nov 2026, “China Warns Against New Export Controls On US Chips After Nvidia Scandal” is the story that connects Vaneck Etf Trust (SMH) to this story.
For Vaneck Etf Trust (SMH), the reason on file says VanEck Semiconductor ETF: it holds chipmakers. Linked by “chips” (semiconductors) in this story
A second company, Ishares Tr (SOXX), is listed for a different reason: iShares Semiconductor ETF: it holds chipmakers. Linked by “chips” (semiconductors) in this story
Price levels for Vaneck Etf Trust (SMH)
KWEB traded between 22.90 and 25.02 across 20 sessions. The latest close on file is 23.13. SMH traded between 506.51 and 639.33 across 20 sessions. The latest close on file is 508.07. SOXX traded between 452.10 and 596.35 across 20 sessions. The latest close on file is 453.73.
What the saved facts support for Vaneck Etf Trust (SMH)
77 out of 100Price not final
“China Warns Against New Export Controls On US Chips After Nvidia Scandal” scores 77 out of 100. The score uses 5 sources, and 8 linked companies. The price is not final yet.