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Stock impact report

3 Chip Stocks to Avoid as the Trade War Escalates [The Motley Fool]

Western Digital Corporation (WDC) 
Last western digital corporation earnings: 4/30 04:01 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.wdc.com
Company Research Source: The Motley Fool
3 Chip Stocks to Avoid as the Trade War Escalates Leo Sun ( TMFSunLion Jun 7, 09 at :PM The trade war between the U.S. and China is escalating into a full-blown tech war as the Trump administration tries to throttle sales of U.S. technologies to Chinese companies with a trade blacklist. This means that U.S. companies now need the government's permission to sell products to certain major Chinese companies like Huawei. That move could cause collateral damage to any chipmaker that generates significant sales from China. Let's examine three chip stocks that are heavily exposed to those escalating tensions: Micron NASDAQ:MU Western Digital NASDAQ:WDC Ambarella NASDAQ:AMBA Image source: Getty Images. Micron is the world's third-largest manufacturer of DRAM and NAND memory chips. DRAM and NAND prices peaked last year due to an oversupply of chips and soft demand from enterprise customers and device makers, and aren't expected to rebound until late 00. Micron generates nearly all its revenue Show less Read more
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