Yesterday, the Wall Street Journal reported that the U.S. Department of Commerce and the National Security Council will strengthen export controls and prevent certain technologies from being exported to China. This has also led to increased uncertainty among Silicon Valley companies.
This measure of the Trump administration instantly pulled down the market value of the chip giants. From the outside world, this is a start to control the technology industry.
In the closing stock market today, semiconductor stocks such as Intel, Micron and Nvidia fell sharply, while the stocks of the three companies fell by at least 4%.
Some analysts in the United States said that semiconductors have a close relationship with the macro economy, and the supply chain is spread all over the world. The trade war is not good for semiconductors.
