3 Chip-Related Stocks to Buy After Export Restriction Fear Sparks Sell-Off
Arm plc(ARM) The Motley Fool·2024-07-19 09:47
Here's why the recent sell-off could be a golden opportunity to buy these three chip stocks.Semiconductor stocks sold off recently after Bloomberg came out with a report that the U.S. was looking to enact tighter export restrictions to keep China from gaining access to advanced chip technology. The report noted that the restrictions would extend to foreign semiconductor equipment manufacturers that use U.S. technology, such as ASML and Tokyo Electron, as well.Investor worries only intensified as former Pres ...