Shares of semiconductor and chip stocks are trading higher amid tech strength following April CPI. Biden also recently hiked tariffs on Chinese chips.
Portfolio Pulse from Benzinga Newsdesk
Shares of semiconductor and chip stocks are trading higher amid tech strength following April CPI. Biden also recently hiked tariffs on Chinese chips.
May 15, 2024 | 4:45 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
AMD shares are trading higher due to overall tech strength following April CPI and Biden's tariff hike on Chinese chips.
AMD is benefiting from the positive sentiment in the tech sector and the increased tariffs on Chinese chips, which may reduce competition.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
CAMT shares are trading higher due to overall tech strength following April CPI and Biden's tariff hike on Chinese chips.
CAMT is seeing a positive impact from the tech sector's strength and the tariff hike on Chinese chips, which could benefit non-Chinese chipmakers.
CONFIDENCE 85
IMPORTANCE 60
RELEVANCE 70
POSITIVE IMPACT
KLAC shares are trading higher due to overall tech strength following April CPI and Biden's tariff hike on Chinese chips.
KLAC is benefiting from the positive sentiment in the tech sector and the increased tariffs on Chinese chips, which may reduce competition.
CONFIDENCE 85
IMPORTANCE 60
RELEVANCE 70
POSITIVE IMPACT
LRCX shares are trading higher due to overall tech strength following April CPI and Biden's tariff hike on Chinese chips.
LRCX is seeing a positive impact from the tech sector's strength and the tariff hike on Chinese chips, which could benefit non-Chinese chipmakers.
CONFIDENCE 85
IMPORTANCE 60
RELEVANCE 70
POSITIVE IMPACT
NVDA shares are trading higher due to overall tech strength following April CPI and Biden's tariff hike on Chinese chips.
NVDA is benefiting from the positive sentiment in the tech sector and the increased tariffs on Chinese chips, which may reduce competition.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
QCOM shares are trading higher due to overall tech strength following April CPI and Biden's tariff hike on Chinese chips.
QCOM is seeing a positive impact from the tech sector's strength and the tariff hike on Chinese chips, which could benefit non-Chinese chipmakers.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
TER shares are trading higher due to overall tech strength following April CPI and Biden's tariff hike on Chinese chips.
TER is benefiting from the positive sentiment in the tech sector and the increased tariffs on Chinese chips, which may reduce competition.
CONFIDENCE 85
IMPORTANCE 60
RELEVANCE 70