June 14, 2019 Sophia Vida
Hot Stocks

Broadcom Will Suffer a $2 Billion Hit after U.S. Ban of Huawei

According to a Wall Street Journal report, Broadcom Inc. has said that it would make $2 billion less in annual sales than expected after the U.S. ban on exports to Chinese telecom company Huawei Technologies Co. The San Jose-based company, which makes a range of radio-frequency chips and circuits that go inside mobile phones and … Continue reading “Broadcom Will Suffer a $2 Billion Hit after U.S. Ban of Huawei”