• AMD
• AVGO
• MRVL
• MU
• NVDA
• SMH
• SOXX
• TSM

Biden administration announces new Chinese chips probe, Semiconductor stocks gain

U.S. semiconductor stocks rose as the Biden administration initiated a trade investigation into Chinese legacy semiconductors, potentially leading to new tariffs affecting global chip supply chains.

• AMD
• ASML
• AVGO
• NVDA
• SOXX
• TXN

US chip stocks gain on report China export controls better-than-feared