Asia chip stocks tumble amid news the U.S. may consider trade curbs

  • 📰 nbcsandiego
  • ⏱ Reading Time:
  • 32 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • Publisher: 51%

Deutschland Nachrichten Nachrichten

Deutschland Neuesten Nachrichten,Deutschland Schlagzeilen

Chip stocks in Asia tumbled on Thursday following a tech selloff on Wall Street amid reports the U.S. may be considering tighter export restrictions.

Shares of Taiwan Semiconductor Manufacturing Company — the world's biggest chip supplier — fell as much as 4.3% during the trading day.

A Bloomberg report Wednesday said the Biden administration may be thinking of clamping down on firms exporting their critical chipmaking equipment to China, further inflaming tensions between the two superpowers. "The chip companies have been the darlings of the market. There's digitization in almost everything that we touch. Any sort of tariffs and curbs to trade are going to impact these chip companies. We're seeing it across the globe," said Ayako Yoshioka, senior portfolio manager at Wealth Enhancement Group.But Yoshioka said buying opportunities still remain for long-term investors.

Wir haben diese Nachrichten zusammengefasst, damit Sie sie schnell lesen können. Wenn Sie sich für die Nachrichten interessieren, können Sie den vollständigen Text hier lesen. Weiterlesen:

 /  🏆 524. in DE
 

Vielen Dank für Ihren Kommentar.Ihr Kommentar wird nach Prüfung veröffentlicht.

Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen

Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.

Asia-Pacific markets mixed as Australia's inflation climbs; chip stocks track Nvidia reboundAustralia’s headline inflation rate for May is 4%, compared to the 3.6% recorded in April.
Herkunft: nbcchicago - 🏆 545. / 51 Weiterlesen »

Nvidia rally overnight lifts chip-related stocks in Asia on AI optimismAsia tech stocks in Japan, South Korea and Taiwan climbed on the back of Nvidia becoming the world’s most valuable company
Herkunft: NBCLA - 🏆 319. / 59 Weiterlesen »

Nvidia rally overnight lifts chip-related stocks in Asia on AI optimismAsia tech stocks in Japan, South Korea and Taiwan climbed on the back of Nvidia becoming the world's most valuable company
Herkunft: CNBC - 🏆 12. / 72 Weiterlesen »

Asia-Pacific markets tumble as chip stocks fall; Nasdaq records its worst day since 2022Japan's trade balance reversed from 1.2 trillion yen deficit in May, or $7.7 billion, to a 224 billion yen surplus.
Herkunft: CNBC - 🏆 12. / 72 Weiterlesen »

Asia-Pacific markets tumble as chip stocks drop, Nasdaq records its worst day since 2022Japan's trade balance reversed from 1.2 trillion yen deficit in May, or $7.7 billion, to a 224 billion yen surplus.
Herkunft: CNBC - 🏆 12. / 72 Weiterlesen »