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Technology Stocks : Semi Equipment Analysis
SOXX 244.51-0.4%Dec 13 4:00 PM EST

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From: Sam6/14/2019 6:23:41 AM
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European chipmakers tumble after Broadcom dashes hopes of rebound in demand

June 14, 2019 / 3:15 AM / Updated an hour ago

LONDON (Reuters) - European semiconductor stocks fell on Friday after U.S. chipmaker Broadcom warned a U.S.-China trade conflict and export restrictions on Huawei were causing a broad slowdown in demand for chips.

Shares in ASML, STMicroelectronics, Siltronic, ASM International, Infineon, and AMS tumbled by 2.7% to 6.6% as the warning reignited fears chipmakers would not keep to their promises of a second-half recovery.

continues at reuters.com
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