2 U.S. Semiconductor Stocks to Watch After China Update
Applied Materials(AMAT) Schaeffers Investment Research·2024-11-29 22:04
Shares of semiconductor equipment makers are moving higher Friday, following a Bloomberg report that the Biden Administration is considering more measures to restrict the sale of semiconductor equipment and artificial intelligence (AI) memory chips to China. However, the new rules seemingly fall short of the stricter proposals previously given.In response, U.S.-based Applied Materials, Inc. (NASDAQ:AMAT) and Lam Research Corporation (NASDAQ:LRCX) are both moving higher ahead of the bell. Netherlands-based A ...