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