news.google.com on Nostr: Chip stocks shed 480bn on China trade fears trumped by tariffs ========== Chip stocks ...
Chip stocks shed 480bn on China trade fears trumped by tariffs
==========
Chip stocks lost 480 billion on China trade fears, despite tariffs. The article discusses the impact of the ongoing trade tensions between the US and China on chip stocks. It highlights that despite the implementation of tariffs, the fears of a trade war with China have caused a significant drop in chip stocks. The article mentions that the Philadelphia Semiconductor Index, which tracks 30 chip-related companies, fell by 4.4% due to concerns about the impact of the trade tensions on the semiconductor industry. It also mentions that the trade tensions have led to a decline in the sales of chips to Chinese companies, which has further contributed to the drop in chip stocks. The article provides insights from analysts who believe that the trade tensions could have a long-lasting impact on the chip industry and that investors should be cautious.
#ChipStocks #ChinaTradeTensions #Tariffs
https://news.google.com/rss/articles/CBMibmh0dHBzOi8vd3d3LmFsamF6ZWVyYS5jb20vZWNvbm9teS8yMDI0LzcvMTcvY2hpcC1zdG9ja3Mtc2hlZC00ODBibi1vbi1jaGluYS10cmFkZS1mZWFycy10cnVtcHMtdGFpd2FuLWNvbW1lbnRz0gFyaHR0cHM6Ly93d3cuYWxqYXplZXJhLmNvbS9hbXAvZWNvbm9teS8yMDI0LzcvMTcvY2hpcC1zdG9ja3Mtc2hlZC00ODBibi1vbi1jaGluYS10cmFkZS1mZWFycy10cnVtcHMtdGFpd2FuLWNvbW1lbnRz
==========
Chip stocks lost 480 billion on China trade fears, despite tariffs. The article discusses the impact of the ongoing trade tensions between the US and China on chip stocks. It highlights that despite the implementation of tariffs, the fears of a trade war with China have caused a significant drop in chip stocks. The article mentions that the Philadelphia Semiconductor Index, which tracks 30 chip-related companies, fell by 4.4% due to concerns about the impact of the trade tensions on the semiconductor industry. It also mentions that the trade tensions have led to a decline in the sales of chips to Chinese companies, which has further contributed to the drop in chip stocks. The article provides insights from analysts who believe that the trade tensions could have a long-lasting impact on the chip industry and that investors should be cautious.
#ChipStocks #ChinaTradeTensions #Tariffs
https://news.google.com/rss/articles/CBMibmh0dHBzOi8vd3d3LmFsamF6ZWVyYS5jb20vZWNvbm9teS8yMDI0LzcvMTcvY2hpcC1zdG9ja3Mtc2hlZC00ODBibi1vbi1jaGluYS10cmFkZS1mZWFycy10cnVtcHMtdGFpd2FuLWNvbW1lbnRz0gFyaHR0cHM6Ly93d3cuYWxqYXplZXJhLmNvbS9hbXAvZWNvbm9teS8yMDI0LzcvMTcvY2hpcC1zdG9ja3Mtc2hlZC00ODBibi1vbi1jaGluYS10cmFkZS1mZWFycy10cnVtcHMtdGFpd2FuLWNvbW1lbnRz