Tag: Huawei trade ban

Google (GOOGL) counts on major smartphone makers like Huawei and Samsung (SSNLF) to distribute its apps, such as YouTube.

Qualcomm stock rose as much as 6% in the extended trading on Wednesday due to its earnings results. The company posted upbeat fourth-quarter results.

Chipmaker Marvell Technology (MRVL) is trending upward during today's trading session as the market got some good news for semiconductor stocks.

Both the Shanghai Composite Index and the Hang Seng Index closed with gains today. Also, Asian markets were in the green from the recent momentum.

Yesterday, President Trump tweeted that he would delay the upcoming hike on the China tariffs. US semiconductor companies are sensitive to trade wars.

Micron Technologies (MU) stock has been gaining momentum for some time, as some analysts believe chip demand will rally in the near term.

Qualcomm (QCOM) will expand its 5G chip technology next year. Qualcomm will soon power the mid-priced smartphones with its 5G wireless data networks.

After the US and China agreed yesterday to hold trade talks in early October, NVIDIA (NVDA) stock rose 6.5% and closed at $179.74.

Chip maker Intel (INTC) stock rose in the premarket session today. At 9:26 AM ET, it was up 1.86% on expectations of a trade war truce.

Marvell stock lost more than 6.8% in after-hours trading on Thursday. The company posted upbeat results for the second quarter of fiscal 2020.