New Delhi, April 16 -- US stock indices slipped on Wednesday, after AI-chip giant Nvidia flagged steep charges from new US curbs on chip exports to China.

Among the chipmakers, Nvidia tumbled 7.42%, AMD declined 6.84%, Micron Technology edged down 1.4%, Broadcom fell 2.80%, and Intel Corp lost 2.95%.

At 12:08 PM EDT, the Dow Jones fell 0.52%, the S&P 500 fell 1.24%, the Nasdaq Composite dropped 2.13%.

At 10:47 AM EDT, the Dow Jones fell 0.41%, the S&P 500 fell 1.05%, the Nasdaq Composite dropped 1.83%.

At the opening bell, the Dow Jones Industrial Average fell 189.5 points, or 0.47%, to 40,179.49. The S&P 500 fell 60.9 points, or 1.13%, to 5,335.75, while the Nasdaq Composite dropped 323.5 points, or 1.92%, to 16,499.693.

Late Tuesda...