US revokes export licenses for Huawei’s chip suppliers: FT

The Biden administration revoked export licenses from Intel (INTC) and Qualcomm (QCOM) for the supply of chips to Chinese tech company Huawei, according to a report from the Financial Times.
Market Domination Anchors Jared Blikre and Josh Lipton break down the latest developments for these chip companies and what it means for their stocks moving forward.About Yahoo Finance:

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