Shares of key chip suppliers jump as U.S. reportedly considers toned-down China curbs

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An ASML icon is being displayed connected a circuit board, alongside the flags of the USA and China, successful this photograph illustration taken successful Brussels, Belgium, connected January 4, 2024.

Jonathan Raa | Nurphoto | Getty Images

Shares of cardinal planetary semiconductor instrumentality firms jumped connected Thursday aft a study that the U.S. is considering sanctions connected China's spot manufacture that halt abbreviated of earlier proposals.

ASML was astir 4.3% higher successful aboriginal commercialized successful Europe. Tokyo Electron was much than 6% higher successful Japan wherever it trades.

Bloomberg reported connected Wednesday that Washington is considering further measures to restrict income of semiconductor instrumentality and AI representation chips to China, but that the caller rules could halt abbreviated of earlier proposals that were seen arsenic stricter.

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