Reply To: Traders Market Weekly: Summer, Manufacturing, Jobs and Debt Ceiling

#58973
TradersCom
Keymaster

Some semiconductor stocks are notably weak today after the Cyberspace Administration of China concluded Micron (MU 65.41, -2.75, -4.0%) products present a cybersecurity risk and notified critical information infrastructure operators in China to stop using Micron products.

MU peers Qualcomm (QCOM 104.21, -1.68, -1.6%) and Broadcom (AVGO 674.77, -7.48, -1.1%) trade down in sympathy.

The PHLX Semiconductor Index is down 0.2%.