Reported about 9 hours ago
Japanese semiconductor companies saw a significant rise in share prices following reports that the US government might implement lighter-than-expected restrictions on chip equipment sales to China. Key players like Tokyo Electron and Kokusai Electric experienced remarkable gains, with experts attributing this surge to favorable news for firms with substantial sales to China. While the current US administration appears to be easing sanctions, uncertainties loom with the upcoming change in leadership, which may impact the sustainability of this positive trend.
Source: YAHOO