US stocks today: US orders multiple chip equipment companies to halt some shipments to China’s No. 2 chipmaker Hua Hong
The U.S. Department of Commerce last week ordered multiple chip equipment companies to halt certain tool shipments to China‘s second-largest chipmaker, Hua Hong, its latest action to slow the country’s development of advanced chips, according to two people familiar with the matter. The department sent letters to at least a handful of companies informing them…