Huawei Supplier STMicro Cuts Mid-Term Targets Blaming U.S.-China Trade War. The Stock Is Tumbling.

Text size Kevin Frayer/Getty Images STMicroelectronics stock plunged more than 10% on Wednesday as the European chipmaker pushed its $12 billion annual sales target back by a year to 2023,…

US targets Huawei with tighter chip export rules

The US has announced new export controls aimed at limiting Chinese technology giant Huawei’s access to semiconductor technology. The new rule bars semiconductor-makers that use US technology and software in…