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HUA HONG SEMI Slumps ~6% on Rumors of US Bans on Chip Equipment Firms' Supplies
Recommend 4 Positive 11 Negative 13 |
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The US Department of Commerce (DOC) reportedly requested multiple chip equipment companies to stop shipping certain tools to HUA HONG SEMI (01347.HK). HUA HONG SEMI opened 3.27% lower before its decline extended today (29th), and bottomed at $105.3. It last printed at $106.6, dipping 5.91%, with 5.6289 million shares traded, involving $604 million. There are rumors that the DOC has sent letters to several companies, including Lam Research (LRCX.US), Applied Materials (AMAT.US) and KLA (KLAC.US), informing them of new restrictions on tools and other materials shipped to HUA HONG SEMI. Auto-translated by AI AASTOCKS Financial News |
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