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

By CNBC   |   1 year ago
Shares of key chip suppliers jump as U.S. reportedly considers toned-down China curbs

Shares of major global semiconductor equipment companies surged following reports that the U.S. might impose sanctions on China's chip industry. ASML and Tokyo Electron saw significant gains in early trading in Europe and Japan, respectively. Bloomberg indicated that the new restrictions could be less severe than initially proposed.

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