U.S. Extends Semiconductor Tariff Deadline to June 23, 2027
- Tariff Delay: The U.S. Trade Representative has announced the postponement of tariffs on Chinese semiconductors until June 23, 2027, which aims to maintain pressure on China's industry practices and could lead to instability in the global semiconductor supply chain.
- Chinese Opposition: The Chinese government firmly opposes this decision, stating that it harms global supply chain stability and negatively impacts the development of semiconductor industries worldwide, further escalating tensions in U.S.-China trade relations.
- Market Impact: Experts suggest that this tariff delay may disrupt the global semiconductor industry, with financial sectors closely monitoring its long-term effects on market stability, as similar past trade actions have caused market fluctuations.
- Future Outlook: Analysts warn that prolonged tensions, if not effectively managed through diplomatic channels, could lead to increased uncertainty in future trade policies, thereby affecting global economic stability.
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Technical Analysis for
Technical Sentiment Analysis for () As of , () is exhibiting a Neutral technical sentiment. Our proprietary analysis, which aggregates 0 technical signals, shows that 0 indicators are flashing buy, while 0 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the stock.
Support, Resistance & Moving Averages From a structural perspective, is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
() Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | - | - | - | - | - | - | - |
| Fibonacci | - | - | - | - | - | - | - |
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