Chip companies down on lower Wall Street after American export ban China | Financial

AEX

924.41-0.61%

Amsterdam – ChipSoftware companies get hard blows on Wall Street. Cadence and Synopsys plummeted up to 10% after reporting the Financial Times That the US government is curbing their exports to China. The step puts pressure on the entire sector and feeds the tensions surrounding the trade with China. The AEX closed lower earlier in the day.