Shares of Nvidia Corp. and Advanced Micro Devices Inc. slumped in the extended session Tuesday following a report that the Biden administration is considering a new ban on sales of AI chips to China.
Nvidia shares NVDA, A fell 3% after hours, following a 3.1% gain to close at $418.76, while AMD shares AMD, also fell 3%, after a 2.7% gain in the regular session to close at…