Shares of key chip suppliers jump as U.S. reportedly considers toned-down China curbs
Publishing timestamp: 2024-11-28 09:07:47
Summary
Shares of key global semiconductor equipment firms jumped after reports that the U.S. is considering sanctions on China's chip industry. The new rules could be less strict than earlier proposals, potentially benefiting companies like ASML and Tokyo Electron. Exclusion of certain Chinese firms from the export blacklist could also have a positive impact on ASML's sales in China.
Sentiment: MIXED
Tickers: 2330-TW, ASML-NL, 981-HK, 8035.T-JP, ASML,
Keywords: semiconductor device manufacturing, china, asml holding nv, semiconductor manufacturing international corp, business news, japan, tokyo electron ltd, taiwan semiconductor manufacturing co ltd, united states, technology,