From InvestorPlace: 2024-05-24 10:05:21

Trade tensions between the US and China have resumed, with the Biden Administration increasing tariffs on Chinese goods, including semiconductors. Intel, a major US semiconductor firm, faces challenges due to export controls and tariffs on Chinese companies. Texas Instruments and Micron Technology are also at risk from the new tariffs, impacting their business with China. Analysts are uncertain about the long-term effects of these tariffs on semiconductor stocks.



Read more at InvestorPlace: Chip Crisis Escalates: 3 Semiconductor Stocks to Sell on 50% China Tariffs