Tag: 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.
It's that time of year—Apple (AAPL), the world’s largest handset maker by revenue, is launching its new iPhones. Apple chip supplier stocks have rallied.
Micron has been in a rough patch for some time. It's been suffering due to the US-China trade war, a semiconductor downcycle, and a recessionary scenario.
US markets plunged on Friday after China and the US once again escalated the trade war. Semiconductor companies will be among the worst hit by the tariffs.
The market fell on August 14 when China threatened to retaliate against US tariffs. This news hit semiconductor stocks, which depend on China for revenue.
Chinese telecom equipment giant Huawei is at the epicenter of a new wrinkle in the trade war. Let’s look at last week’s developments related to Huawei.