Shares of chip stocks are trading higher following reports suggesting the US is set to announce softer sanctions on exporting semiconductor equipment and AI memory chips to China.

+0.58%

+0.89%

+1.83%

+0.12%

-1.81%

Applied Materials, Inc. AMAT	173.02	+0.58%
KLA-Tencor Corporation KLAC	648.34	+0.89%
Lam Research Corporation LRCX	76.59	+1.83%
Marvell Technology Group Ltd. MRVL	113.51	+0.12%
NVIDIA Corporation NVDA	142.44	-1.81%

Shares of chip stocks are trading higher following reports suggesting the US is set to announce softer sanctions on exporting semiconductor equipment and AI memory chips to China.

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