Chip Stocks Volatile With China-US Spat in Focus

July 19, 2024, 05.29 AM | Source: Reuters
Chip Stocks Volatile With China-US Spat in Focus

ILUSTRASI. Trading in U.S. chip stocks was choppy on Thursday with the Philadelphia semiconductor index managing to close higher.

WALL STREET - NEW YORK. Trading in U.S. chip stocks was choppy on Thursday with the Philadelphia semiconductor index managing to close higher after tumbling on Wednesday with its biggest contributions from a handful of heavyweights Nvidia and Broadcom.

Chip stocks in Asia had sold-off earlier in Thursday after a report that the United States was considering tighter curbs on exports of advanced chip technology to China.

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