Shares of semiconductor makers rose Tuesday on a report that said the U.S. was setting up new limitations on exporting chopping-edge semiconductors to China, stepping up initiatives to prevent the 2nd-largest economic climate from manufacturing the latest circuitry.
Nvidia
(ticker: NVDA) climbed 3%,
Broadcom
(AVGO) was up 1.8%,
State-of-the-art Micro Units
(
AMD
) sophisticated 2.7%, and
Intel
(INTC) rose 2.2%. The new export curbs would possibly limit competition from overseas for these companies, but might also strike sales.
Shares of semiconductor makers rose Tuesday on a report that said the U.S. was setting up new limitations on exporting chopping-edge semiconductors to China, stepping up initiatives to prevent the 2nd-largest economic climate from manufacturing the latest circuitry.
Nvidia
(ticker: NVDA) climbed 3%,
Broadcom
(AVGO) was up 1.8%,
State-of-the-art Micro Units
(
AMD
) sophisticated 2.7%, and
Intel
(INTC) rose 2.2%. The new export curbs would possibly limit competition from overseas for these companies, but might also strike sales.