The U.S. is reported to be planning new restrictions on the export of cutting-edge semiconductors to China, stepping up efforts to stop the second-largest financial system from manufacturing the newest circuitry.
Shares of semiconductor makers rose Tuesday.
(ticker: NVDA) climbed 3.7%,
(AVGO) was up 4.5%,
Superior Micro Gadgets
) superior 3.5%, and
(INTC) rose 1.8%. The strikes have been largely in keeping with features within the broader Nasdaq index.