Semiconductor stocks tumbling due to China H20 chip ban, but Newmont Corporation offers stability
From Yahoo Finance: 2025-04-17 13:17:00
Semiconductor stocks are tumbling due to the China H20 chip ban, costing manufacturers $1 billion in lost sales and compliance costs. Newmont Corporation (NEM) ranks 7th on the list of affected companies but offers stability with its diverse operations in gold, zinc, silver, and copper, making it a reliable investment option. NEM’s stock has rebounded and is less impacted by the chip ban compared to other semiconductor suppliers. Investors looking for better returns in the AI sector can explore undervalued AI stocks with significant upside potential.
Read more: Is Newmont Corporation (NEM) Worth Buying on the China H20 Chip Sale Ban?