Chip stocks drop on report US plans to tighten China curbs
Source: BBC
Technology stocks around the world have slumped on fears about the global computer chip industry.The selloff came after a report that the Biden administration could be set to further tighten restrictions on exports of semiconductor equipment to China.Comments by former US President Donald Trump that Taiwan, the biggest producer of chips, should pay for its own defence added to the concerns.In the US, the…
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