StocksMediumUpdated•Originally published 28 September 2026•Updated 28 September 2026•
1 min read
China's CSI 300 Hits One-Year Low as US Proposes New Tech Restrictions
Key Facts
1Chinese chipmaking stocks tumbled following reports that Beijing is considering allowing local tech firms to purchase high-end Nvidia chips.
China's CSI 300 Index fell 2.2% to a one-year low on September 28, 2026. The decline followed reports of proposed US restrictions on Chinese optical transceivers, alongside news that Beijing may allow domestic firms to purchase advanced Nvidia chips, including the RTX Pro 5500 model.
NVDA closed at $225.07 on September 25, 2026, as the market weighed the impact of renewed foreign competition on Chinese domestic chipmakers. Global semiconductor peers showed mixed performance with AMD closing at $630.63 and TSM closing at $450.61 on September 25, 2026.