Chip stocks shed $480bn on China trade fears, Trump’s Taiwan comments | US Election 2024 News
US instructed allies it’s contemplating utilizing probably the most extreme commerce curbs out there if corporations proceed giving Beijing entry to superior semiconductor know-how. Wall Road’s semiconductor index misplaced over $480bn in inventory market worth on Wednesday and headed for its worst session since 2022 after a report stated Washington was mulling tighter curbs on …