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Yahoo Tech - Apple MacJun 26, 2019
Global chipmakers rally on Micron's upbeat results, Huawei shipments
The company also said it had resumed some shipments to Huawei Technologies after reviewing a U.S. ban on selling products to the Chinese smartphone maker. Micron shares were up 10%, while those of Nvidia Corp, Intel Corp, Xilinx Inc and Advanced Micro Devices rose between 2% and 6%. U.S. chipmakers suspended shipments to Huawei after the U.S. government on May 15 added the world's biggest telecoms equipment maker and 68 affiliates to an "Entity List", banning it from acquiring components and technology from U.S. firms without government approval.

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