Biden Weighs New Curbs On Chips, Semiconductor-Making Devices
Portfolio Pulse from Benzinga Newsdesk
President Biden is considering implementing new restrictions on chips and semiconductor-making devices. This could potentially impact several companies in the sector, including AMD, INTC, NVDA, QCOM, as well as ETFs like SMH and SPY.
July 17, 2023 | 6:53 pm
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NEGATIVE IMPACT
New restrictions on chips and semiconductor-making devices could negatively impact AMD.
As a major player in the semiconductor industry, AMD could face challenges if new restrictions are implemented. This could potentially lead to a decrease in stock price in the short term.
CONFIDENCE 75
IMPORTANCE 70
RELEVANCE 80
NEGATIVE IMPACT
INTC could be negatively affected by new restrictions on chips and semiconductor-making devices.
INTC, being a significant player in the semiconductor industry, could face challenges if new restrictions are implemented. This could potentially lead to a decrease in stock price in the short term.
CONFIDENCE 75
IMPORTANCE 70
RELEVANCE 80
NEGATIVE IMPACT
NVDA could face challenges due to new restrictions on chips and semiconductor-making devices.
NVDA, as a major player in the semiconductor industry, could face challenges if new restrictions are implemented. This could potentially lead to a decrease in stock price in the short term.
CONFIDENCE 75
IMPORTANCE 70
RELEVANCE 80
NEGATIVE IMPACT
QCOM could be negatively affected by new restrictions on chips and semiconductor-making devices.
QCOM, being a significant player in the semiconductor industry, could face challenges if new restrictions are implemented. This could potentially lead to a decrease in stock price in the short term.
CONFIDENCE 75
IMPORTANCE 70
RELEVANCE 80
NEGATIVE IMPACT
ETF SMH, which includes semiconductor stocks, could be negatively impacted by new chip restrictions.
SMH, an ETF that includes semiconductor stocks, could face challenges if new restrictions are implemented. This could potentially lead to a decrease in ETF price in the short term.
CONFIDENCE 75
IMPORTANCE 70
RELEVANCE 80
NEGATIVE IMPACT
SPY, a broad market ETF, could see some impact due to new restrictions on chips and semiconductor-making devices, but the effect is likely to be less pronounced than on specific semiconductor stocks or ETFs.
SPY, a broad market ETF, could see some impact due to new restrictions on chips and semiconductor-making devices, but the effect is likely to be less pronounced than on specific semiconductor stocks or ETFs.
CONFIDENCE 70
IMPORTANCE 50
RELEVANCE 60