HomeTechSoftwareChip Stocks Fall After Report Of Further Chip Sales Restrictions To China

Chip Stocks Fall After Report Of Further Chip Sales Restrictions To China

The commerce department could block further sales of A.I. chips, notes the Wall Street Journal on China chip sales. Daniel Newman and Kevin Green discuss how stocks mixed during a volatile session. They talk about how chip stocks fall after the report of further restrictions on chip sales to China. They go over the outlook for semiconductors following potential chip restrictions to China. Daniel mentions that he likes AMD (AMD) and Broadcom (AVGO) as the likely number two and the most likely to compete with Nvidia (NVDA). They also look at some semiconductor stocks to keep on your radar. Tune in to find out more about the stock market today.

The Watch List

28 Jun 2023

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