Global stocks of chips and technology gather with the United States and China’s agreement to reduce the tariff

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Hangzhou, China – June 3, 2024 – The NVIDIA logo and the Apple logo were filmed in Hangzhou, Zhejiang Province, China, June 6, 2024. On June 5, Easter, the value of the stock market in NVIDIA exceeded $ 3 trillion, exceeding the value of the apple market in the world, and became the second largest value in the market. It should be noted that within a little more than 3 months, the market value of NVIDIA increased from $ 2 trillion to $ 3 trillion. (CFTO/Future Pubishing must be read via Getty Images)

CFOTO | Future publishing Gety pictures

Global stocks of technology and chips rose on Monday after the United States and China He agreed to stop Most of the definitions on each other.

Technology shares – such as semiconductor companies and smart phone makers – have been exposed to difficulty in trade tensions between the largest economists in the world that threatened to disable supply chains and harm some of the largest American companies.

But investors breathed a sigh of relief after talks between the United States and China during the weekend, which resulted in a temporary stop in the “mutual” definitions.

In the United States, NafidiaThat still face a number of restrictions on the chips allowed to ship to China, were 4 % higher in the pre -market trade, while AMD It was 5 % rising. Broadcom It was also about 5 % higher, along with Qualcomm.

Other companies in the supply chain semiconductors have also jumped. MarvellAnd last week, the postponement of the former investor day due to the total economic uncertainty, increased by 7.5 % in the pre -market trade.

Taiwan semiconductor manufacturerThe world’s largest chip maker witnessed that its shares listed in the United States jumping about 4 % in the market. Tawan stocks are closed in Taiwan before announcing the customs tariff.

In Europe, AsmlSupplier of critical machines required to manufacture the most advanced chips, 4.5 % in early trade. Infineon It was also sharply higher.

Semiconductor and some electronics received an exemption from the mutual definitions of President Donald Trump last month, but the United States indicated that the re -delay was temporary and that these products are still compatible with special duties.

Investors were concerned about the influence of major technology shares, especially those who have exposed to China such as Apple and Amazon, whose shares have been pressured this year.

appleThat is still It makes 90 % of iPhone devices in ChinaShe said during her profit report this month that she expects to add definitions 900 million dollars for its costs for the current quarter. Apple shares were above 6 %.

Amazon More than 8 % increased in the Bet -Market Trading Monday. Many sellers depend on Amazon on Chinese products.

The shares of Chinese technology listed in the United States also increased. Chinese e -commerce giants Ali Baba and JD.com It was higher, along with the Internet Bido.

“With the presence of the United States/China clearly on an accelerated path to obtain a broader deal, we believe that its highest levels in the market and technology are now at the table in 2025 where investors are likely to focus on the following steps in these labor discussions that will happen in the coming months,” said Daniel Evez, head of technology research at Wedbush Securities, on Monday.

“This morning is a great victory for the bulls and the best scenario scenario this week from our point of view.”



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