Washington's Huawei reprieve triggers relief rally in bruised EU chip stocks

FILE PHOTO: The logo of semiconductor manufacturer Infineon is seen at its Austrian headquarters in Villach, Austria, June 3, 2018. REUTERS/Lisi Niesner/File Photo

AMS, STMicroelectronics and Germany’s Infineon shot higher - between 2-5.6% - in early deals after Washington temporarily eased trade limits on China’s Huawei Technologies, in a move aimed at minimizing disruption for its customers.

Europe, Canada & other countries should now go to China & look for investments to get access to a Huge Market before the US takes its Tariffs off China. This would show Trump & Republican Senators that the world can revolve around the US. Just ask the US farmers going Bankrupt.

Finance Finance Latest News, Finance Finance Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Wall St. slides as Huawei fallout hits tech sharesU.S. stocks fell as Washington’s crackdown on China’s Huawei stoked fears about a hit to the broader technology sector via ReutersTV And US tech will fill the vacancy and increase in value.. Buy American tech stocks It is a temporary disruption, and a stalling time for a new order is necessary. This news ...Hmmm
Source: Reuters - 🏆 2. / 97 Read more »

Chips are down: Huawei U.S. blacklisting knocks EU semiconductor stocksEuropean chipmakers Infineon Technologies, AMS and STMicroelectronics fell sharp... 🚨🚨🚨US technology stocks will definitely fall today! The rare earths needed for semiconductors will soon be restricted from exporting, which is brought by Trump.
Source: Reuters - 🏆 2. / 97 Read more »