Trump’s Huawei Threat Is the Nuclear Option to Halt China’s Rise [Fortune]
Lumentum Holdings Inc. (LITE)
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Source: Fortune
Trump’s Huawei Threat Is the Nuclear Option to Halt China’s Rise The Trump administration is pulling out the big guns in its push to slow China’s rise, with potentially devastating consequences for the rest of the world. The White House on Wednesday initiated a two-pronged assault on China: barring companies Qualcomm Micron nology “The Trump administration action is a grave escalation with China,” Eurasia Group analysts Paul Triolo, Michael Hirson, and Jeffrey Wright wrote in a note. If fully implemented, the blacklist would “put at risk both the company itself and the networks of Huawei customers around the world, as the firm would be unable to upgrade software and conduct routine maintenance and hardware replacement.” The threat is likely to elevate fears in Beijing that President Donald Trump’s broader goal is to contain China, leading to a protracted cold war between the world’s biggest economies. In addition to a trade fight that has rattled global markets for months, the U.S. ha
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LITE
Earnings
- 11/7/24 - Miss
LITE
Sec Filings
- 11/20/24 - Form 4
- 11/20/24 - Form 144
- 11/19/24 - Form 4
- LITE's page on the SEC website