Shares of chip stocks are higher after the US and China agreed to a temporary reduction in most tariffs on each other's goods. A reduction in tariffs could alleviate some supply chain concerns and improve macro sentiment as well as demand visibility.

Analog Devices, Inc. +0.44%
Applied Materials, Inc. +0.91%
Advanced Micro Devices, Inc. -1.76%
ASML Holding NV ADR +0.70%
Broadcom Limited -5.50%

Analog Devices, Inc.

ADI

280.55

+0.44%

Applied Materials, Inc.

AMAT

261.58

+0.91%

Advanced Micro Devices, Inc.

AMD

207.07

-1.76%

ASML Holding NV ADR

ASML

1088.45

+0.70%

Broadcom Limited

AVGO

340.14

-5.50%

Shares of chip stocks are higher after the US and China agreed to a temporary reduction in most tariffs on each other's goods. A reduction in tariffs could alleviate some supply chain concerns and improve macro sentiment as well as demand visibility.
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