Dell Technologies (DELL) stock fell after the company gave a mixed revenue outlook for the current quarter, slipping 1% in pre-market trading after a 6% drop in the last session. For the latest quarter,
Donald Trump is working on tighter curbs on China’s chip industry and is pressing key US allies to escalate their restrictions. Japanese and Dutch officials are under pressure to restrict Tokyo Electron and ASML from maintaining semiconductor gear in China,
ASML Holding has seen its share price decline by over 30% since its all-time highs in July last year. See why I rate ASML stock a strong sell.
Huawei has boosted yield of AI chips to 40%, becoming profitable for the first time. It aims to reach 60% yield, while facing competition from Nvidia.
A more pragmatic relationship with China could offer opportunities for Europe to chart a more independent course. But it is but it not without risk.
Trump's administration believes restrictions on AI processors exports are not strict enough for close allies, also plans to persuade Japan and the Netherlands to curb services of ASML and TEL machines in China.
ASML is one of the weakest performers in Europe as Trump tries to limit China access to European and US AI technology. All eyes on Nvidia’s earnings on Wednesday to see if it can spur some life into the Magnificent 7.