FIRST AIRED: May 20, 2019

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00:00:00
the US crackdown on Chinese Huawei technologies unnerved investors Monday sending text doc south the nasdaq tumbled one point seven five percent minutes after the market open and investors sold off shares of semiconductor suppliers fearing those companies may suspend shipments to the Chinese telecom giant the US last week added one way to trade blacklist making it very difficult for to do business with its American counterparts in the U. S. shares of Qualcomm micron technology Broadcom and advanced micro devices fell between four and six percent minutes after the opening bell and the cell of join the global trend as investors dumped names that might get burned by the wall we followed in Europe STMicroelectronics fell around nine percent Infineon technologies dropped five percent and there were other looming fears that Beijing might retaliate against an American tech firm cheers of apple dropped sharply the stage for the tech sell off was set when Reuters first reported over the weekend that Google would suspend some business with Wall way and the man I'm a major supplier apples facial recognition software said it would suspend all shipments to the Chinese firm wall way was not immediately reachable for comment