Previous Close | 4.7000 |
Open | N/A |
Bid | 4.5000 |
Ask | 4.9500 |
Strike | 80.00 |
Expire Date | 2024-06-21 |
Day's Range | 4.7000 - 4.9000 |
Contract Range | N/A |
Volume | |
Open Interest | 42 |
(Bloomberg) -- The Biden administration is considering cutting off Huawei Technologies Co. from all of its American suppliers, including Intel Corp. and Qualcomm Inc., as the US government intensifies a crackdown on the Chinese technology sector.Most Read from BloombergWall Street Is Losing Out to Amateur Buyers in the Housing SlumpTrump Sues Journalist Bob Woodward for Releasing Interview RecordingsAdani Rout Hits $68 Billion as Fight With Hindenburg IntensifiesThe 'Big Shift' That's Finally Ca
The Biden administration has stopped approving licenses for U.S. companies to export most items to China's Huawei, according to three people familiar with the matter. Huawei has faced U.S. export restrictions around items for 5G and other technologies for several years, but officials in the U.S. Department of Commerce have granted licenses for some American firms to sell certain goods and technologies to the company. Qualcomm Inc in 2020 received permission to sell 4G smartphone chips to Huawei.
Intel will reported its Q4 earnings after the bell on Tuesday, missing analysts' expectations.