Semiconductor ETFs Short Circuit as U.S. Blocks Chip Sales to Huawei
May 15, 2020 at 15:01 PM EDT
Semiconductor sector-specific exchange traded funds took another blow from rising trade tensions between the United States and China as the Trump administration moves to block global chip supplies to Chinese telecom giant Huawei Technologies. On Friday, the iShares PHLX Semiconductor ETF (NasdaqGS:...