social.sokoll.com

Action and reaction.
#chip #USA #China

Chip stocks fall after Commerce Dept bars 5 more Chinese firms from buying US parts

The U.S. Commerce Department has banned five more Chinese entities from buying U.S. components after blacklisting telecom giant Huawei last month.
[…]
Shares of U.S. semiconductors came under pressure after the announcement. Advanced Micro Devices tumbled more than 3%, while Xilinx and Nvidia also fell 2.2% and 1.5%, respectively.