Trump orders US chip designers to stop selling to China

The UK’s Financial Times is reporting that Pres. Trump is ordering US chip designers to stop selling to China.

• Shares of Nvidia are still trading up $1.17 or 0.88% at $136.78 ahead of the earnings to be released after the close.
• Shares of AMD are down one dollar at $113.56 (-0.86%).
• Broadcom shares are trading up $4.41 or 1.87% at $240.03.
• Intel is training down $0.11 or -0.53% at $20.44.

This article was written by Greg Michalowski at www.forexlive.com.