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The easing tension between the two, especially over trade talks, could help reduce the murky outlook on semiconductors that plagued the sector when investors and observers considered the ramification of increased trade barriers.
“Chip companies are deeply enmeshed in some of the world’s most complex supply chains, making them particularly vulnerable to trade disputes. The stocks have been going through a rough patch recently, in part due to the ongoing tiff between the U.S. and China,” according to Bloomberg.
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