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Market Chatter: Semiconductor Stocks Fall After US-China Summit Ends Without Breakthrough

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Nvidia (NVDA), Advanced Micro Devices (AMD) and Intel (INTC) shares declined in Friday trading, while ASML (ASML) and STMicroelectronics (STM) also fell after a US-China summit ended without major semiconductor agreements, Yahoo Finance reported Friday.

The pullback came after talks between President Donald Trump and Chinese President Xi Jinping failed to produce significant developments on semiconductor trade issues, despite investor expectations for progress on advanced chip sales to China, according to the report.

Washington has authorized Nvidia to export H200 chips to China, though Beijing has not formally approved shipments, while US officials said semiconductors were not a central focus of the summit, the report added.

Shares of Nvidia, Advanced Micro Devices, Intel, ASML and STMicroelectronics were down 4.4%, 4.5%, 7.5%, 5.5% and 6.1%, respectively, in Friday trading.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Price: $227.98, Change: $-7.76, Percent Change: -3.29%

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