Washington's Huawei reprieve triggers relief rally in bruised EU chip stocks

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Shares in European semiconductor companies, one of the most sensitive sectors to...

FILE PHOTO: The logo of semiconductor manufacturer Infineon is seen at its Austrian headquarters in Villach, Austria, June 3, 2018. REUTERS/Lisi Niesner/File Photo

AMS, STMicroelectronics and Germany’s Infineon shot higher - between 2-5.6% - in early deals after Washington temporarily eased trade limits on China’s Huawei Technologies, in a move aimed at minimizing disruption for its customers.

 

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Europe, Canada & other countries should now go to China & look for investments to get access to a Huge Market before the US takes its Tariffs off China. This would show Trump & Republican Senators that the world can revolve around the US. Just ask the US farmers going Bankrupt.

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