Shares of chip stocks are trading higher following reports suggesting the US is set to announce softer sanctions on exporting semiconductor equipment and AI memory chips to China.

Applied Materials, Inc. +0.54% Pre
KLA-Tencor Corporation +0.39% Pre
Lam Research Corporation +0.04% Pre
Marvell Technology Group Ltd. +1.93% Pre
NVIDIA Corporation +0.39% Pre

Applied Materials, Inc.

AMAT

168.37

166.97

+0.54%

-0.83% Pre

KLA-Tencor Corporation

KLAC

650.53

650.53

+0.39%

0.00% Pre

Lam Research Corporation

LRCX

73.83

73.52

+0.04%

-0.42% Pre

Marvell Technology Group Ltd.

MRVL

115.95

115.16

+1.93%

-0.68% Pre

NVIDIA Corporation

NVDA

140.22

139.35

+0.39%

-0.62% Pre

Shares of chip stocks are trading higher following reports suggesting the US is set to announce softer sanctions on exporting semiconductor equipment and AI memory chips to China.
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