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Intel, Qualcomm, and other US tech firms reportedly cut off critical software to Huawei after Trump's blacklist

Business Insider Monday, 20 May 2019
· *US technology companies and suppliers have reportedly cut off critical software and parts to Huawei in the latest crackdown against the Chinese telecommunications giant. *
· *The US has heightened concerns in recent months that Huawei technology could pose a security risk and may be used as a backdoor for Chinese government...
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News video: Microchip Stocks Rally Despite Huawei Trade Blacklist

Microchip Stocks Rally Despite Huawei Trade Blacklist 00:44

According to Reuters, microchip manufacturers are have a stock rally. On May 21st, the Philadelphia Semiconductor Index spiked by 2.2-percent after a three-day losing streak. Shares for Intel, Qualcomm, and Broadcom are also up between 2.4-and-4 percent. Those gains also gave a boost to the S&P's...

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