On today’s episode of Market Sunrise, host Ramzan Karmali covers key developments in the global tech and equity markets.
Cadence Design Systems and Synopsys stock moved higher after the US Commerce Department eased export restrictions, allowing both companies to resume business with clients in China.
Siemens stock also saw gains after the company confirmed it had restored full access to its software offerings and resumed sales to Chinese customers.
Taiwan Semiconductor Manufacturing Company stock rose following analyst price target hikes and reports that Intel Corporation is scaling back its push into advanced chip manufacturing.
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