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Shares of key chip suppliers jump as U.S. reportedly considers toned-down China curbs - TL;DR CNBC

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-TWASML-NL981-HK8035.T-JPASML

Keywords: semiconductor device manufacturingchinaasml holding nvsemiconductor manufacturing international corpbusiness newsjapantokyo electron ltdtaiwan semiconductor manufacturing co ltdunited statestechnology

Source: https://www.cnbc.com/2024/11/28/shares-of-chip-suppliers-jump-as-us-considers-toned-down-china-curbs.html


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