Trade-war relief - July 2019
Trump and Xi Ping have come to a tariff truce at G-20 this weekend.
Trump is now using Huawei (previously blacklisted, banned, etc.) as a bargaining chip, allowing TEMPORARILY, U.S. companies to continue doing business with China's Huawei.
Here is a list of Top 20 U.S. based Huawei suppliers. I believe most of them will rally this month (July 2019).
- Percentage number next to stock symbol is the revenue exposure to Huawei
Note: Trump can go back on the Huawei deal at any time.
Trump is now using Huawei (previously blacklisted, banned, etc.) as a bargaining chip, allowing TEMPORARILY, U.S. companies to continue doing business with China's Huawei.
Here is a list of Top 20 U.S. based Huawei suppliers. I believe most of them will rally this month (July 2019).
- Percentage number next to stock symbol is the revenue exposure to Huawei
- Intel (INTC) - 1%
- Advanced Micro Device (AMD) - 2%
- Broadcom (AVGO) - 6%
- Qualcomm (QCOM) - 5%
- Microsoft (MSFT)
- Nvidia (NVDA)
- CommScope (COMM) - 2%
- Texas Instruments (TXN)
- Seagate Technology (STX) - 4%
- Micron Technology (MU) - 2%
- Qorvo (QRVO) - 11%
- Flex (FLEX) - 5%
- Skyworks (SWKS) - 6%
- Corning (GLW) - 2%
- Analog Devices (ADI) - 3%
- NeoPhotonics (NPTN) - 47%
- Western Digital (WDC)
- Lumentum (LITE) - 11%
- II-VI (IIVI) - 8%
- Finisar (FNSR) - 8%
- Maxim Integrated (MXIM) - 4%
- Keysight Technology (KEYS) - 2%
- Marvell Technology (MRVL) - 1%
Note: Trump can go back on the Huawei deal at any time.
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