Chip Makers Are Punished as the Trade War Drags On [The New York Times]
Evercore Inc. Class A (EVR)
Last evercore inc. class a earnings: 4/22 06:00 am
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Source: The New York Times
DealBook Business and Policy Get the DealBook newsletter to make sense of major and policy headlines — and the power-brokers who shape them. __________ American chip makers have found themselves at the center of the trade war between the United States and China. It hasn’t been pleasant. The Philadelphia semiconductor index, the closely watched index of 30 semiconductor companies, has fallen about 16 percent in May, its worst monthly showing since the financial crisis, as the growing dispute takes a toll on companies reliant on China for . Shares of Qualcomm, Micron, Nvidia and Broadcom are all down by even more. By comparison, the S&P 500 is down less than 5 percent. President Trump, emboldened by the strength of the United States economy, has escalated his fight raised tariffs on Chinese goods restricted American firms from selling China accounted for 35 percent of global semiconductor sales, according to Evercore ISI. Huawei, alone, spent $11 billion buying components But by Monday
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EVR
Earnings
- 4/24/24 - Miss
EVR
Sec Filings
- 4/24/24 - Form 8-K
- 2/22/24 - Form 10-K
- 2/20/24 - Form 4
- EVR's page on the SEC website