2 Tech Stocks Seeing China Headwinds

China is in focus plenty today, after the country announced it was boosting its defense budget by 7.2%, pushing related stocks higher. However, plenty of tech headwinds are also coming out of the region, sending both Advanced Micro Devices Inc (NASDAQ:AMD) and Apple Inc (NASDAQ:AAPL) lower. Counterpoint Research reported that Apple's sales in China dropped 24% in the first six weeks of 2024 compared to last year, just after news that China's electric vehicle (EV) demand fell sharply in February as well. At ...