Biden administration officials have discussed capping sales of advanced AI chips from Nvidia Corp. and other American companies on a country-specific basis, people familiar with the matter said.Subscribe to the Bloomberg Daybreak podcast on Apple,

An ASML warning about the health of the semiconductor market is one factor weighing on AI chip stocks Tuesday — but one analyst says Nvidia investors shouldn’t be worried.

After growing revenue 122% last quarter, Blackwell demand could send Nvidia's market capitalization to $3.9 trillion next month — passing Apple as the world leader

A look at the day ahead in European and global markets from Vidya Ranganathan. Tuesday's top headlines are Wall Street's record highs overnight and Nvidia's fresh attempt to dethrone Apple Inc and become the world's most valuable company.

The chips company has a market valuation of $3.31 trillion, $150 billion below the iPhone maker’s $3.46 trillion.