China is suspending export restrictions for a year on five critical minerals to the U.S., including gallium and germanium, used to make certain types of semiconductors, The New York Times’ Keith Bradsher reports. Publicly traded companies in the semiconductor space include AMD (AMD), Intel (INTC), Marvell (MRVL), Microchip (MCHP), Micron (MU), Nvidia (NVDA), Qualcomm (QCOM) and Texas Instruments (TXN). Publicly traded companies involved in the production of raw gallium include Rio Tinto (RIO), Alcoa (AA), Navitas Semiconductor (NVTS), and Infineon (IFNNY), while Teck Resources (TECK) is a publicly traded germanium producer.
TipRanks Cyber Monday Sale
- Claim 60% off TipRanks Premium for data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on AMD:
- ‘Buy Ahead of November 11,’ Says C.J. Muse About AMD Stock
- PLTR vs. AMD vs. SMCI: Which AI Stock Is Wall Street Bullish on Amid Valuation Woes?
- Morning News Wrap-Up: Friday’s Biggest Stock Market Stories!
- AMD CEO Lisa Su Says ‘We are Planning for Multiple Customers at Similar Scales to OpenAI’
- Advanced Micro Devices: AI Ambitions and Stock Surge
