Huawei's Mate 60 Pro Launch Fuels Speculation and Boosts Chinese Chip Stocks

Von einem Mystery-Man-Autor
Last updated 30 mai 2024
Huawei's Mate 60 Pro Launch Fuels Speculation and Boosts Chinese Chip  Stocks
Chinese chip stocks experienced a rally on Wednesday following the launch of Huawei Technologies' new Mate 60 Pro phone. Investors speculated that the phone may be equipped with a 5G capable chip, which would be a significant win for China's local semiconductor sector. Since 2019, Huawei has faced restrictions imposed by Washington, prohibiting the company from purchasing advanced chips and software from US companies.
Huawei's Mate 60 Pro Launch Fuels Speculation and Boosts Chinese Chip  Stocks
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