Chip stocks tumble on fears of tighter China curbs, Trump’s Taiwan comments

  • 📰 globeandmail
  • ⏱ Reading Time:
  • 22 sec. here
  • 12 min. at publisher
  • 📊 Quality Score:
  • News: 47%
  • Publisher: 92%

China Noticias

United States,Revenue,Taiwan

Trump’s comments spark selloff

U.S. chip stocks fell more than 4% on Wednesday after Republican presidential nominee Donald Trump sounded lukewarm about defending Taiwan and a report that Washington is mulling tighter curbs on export of advanced semiconductor technology to China.

The curbs have dented U.S. chipmakers’ sales to China. Nvidia’s revenue from China stood at about 18% of its total revenue in the quarter ended April 28, compared to 66% in the year-ago period. Taiwan plays an outsized role in the global chip supply chain as it is home to some of the world’s biggest and smaller semiconductor makers, with analysts warning that any conflict over the island may shatter the global economy.

Hemos resumido esta noticia para que puedas leerla rápidamente. Si estás interesado en la noticia, puedes leer el texto completo aquí. Leer más:

 /  🏆 5. in MX
 

Gracias por tu comentario. Tu comentario será publicado después de ser revisado.

México Últimas Noticias, México Titulares