China Investigates Major US Tech Firms Amid Trade Tensions

Reported about 3 hours ago

China has launched an anti-dumping investigation targeting US semiconductor companies including Texas Instruments and Nvidia, amid ongoing trade negotiations. Market reactions show Texas Instruments' shares fell about 3% due to the probe, while Core Weave's stock rose following a significant cloud computing deal with Nvidia. Citi has upgraded Union Pacific on positive merger insights, indicating strong operational execution could benefit Q3 earnings. Overall, these developments highlight the complexities and tensions in US-China trade relations.

Source: YAHOO

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