ICYMI: U.S. China Trade Deal Could Be Huge For Chip Stocks, WMT E-commerce Surge [TheStreet.com]
NVIDIA Corporation (NVDA)
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Source: TheStreet.com
ICYMI: U.S. China Trade Deal Could Be Huge For Chip Stocks, WMT E-commerce Surge Investors fixated on the trade negotiations, which are heating up now, should watch these three stocks: Nvidia Corp. ( NVDA AMD INTC It's becoming clearer that a deal between the U.S. and China could certainly include more Chinese purchases of U.S. semiconductor equipment. That bodes well for the U.s. chip giants for sure. Macro View Let's blow out the trade picture even more. A trade deal between the U.S. and China would likely be a long-term positive for the global economy, but could also be a meaningful headwind to some EU stocks. "If such an agreement were based on a broad basket of goods, advanced European economies could lose the most demand from China given their similar export composition to the US, implying downside risk to EUR," wrote Goldman Sachs strategists in a note out Tuesday. China would be buying more goods from the U.S. than it currently is, meaning Chinese companies' demand for goods i
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