SK Hynix shares fall 3% after U.S. tightens rule to curb Huawei's chip supply

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Shares of SK Hynix , the world's No.2 memory chip maker after Samsung Electronics , fell 3.2% on Monday after the United States on Friday moved to curb shipments of semiconductors to Huawei from global chipmakers.

), fell 3.2% on Monday after the United States on Friday moved to curb shipments of semiconductors to Huawei from global chipmakers.The U.S.

Commerce Department said it had amended an export rule and, under the change, foreign companies that use U.S. chipmaking equipment will be required to obtain a U.S. license before supplying certain chips to China’s Huawei.Reporting by Hyunjoo Jin and Heekyong Yang; Editing by Himani Sarkar

 

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Huawei doesn't learn fast, they should have produced their own chip and have their own OS.

realDonaldTrump I have invested in bonds, these cheap tricks are not going to world against me. Xi, bro sell my shares right now. Buy FedEx .

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U.S. bars China's Huawei from purchasing critical materials made using American technologyCommerce Secretary Wilbur Ross reprimanded the company as the announcement was made Friday. 'This is not how a responsible global corporate citizen behaves,' Ross said. That will teach the commie bastards. SENSIBLE Did Trump run it by Mrs. Mitch McConnell first?
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