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These chip companies can grow despite US-China trade war, says analyst

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The U.S.-China trade spat may spare a few chipmakers, says one analyst.

As large chip companies such as Broadcom fall under pressure from restrictions on Chinese telecommunications giant Huawei — a major buyer of U.S. semiconductor chips until its recent blacklisting — a few more focused players will likely avoid the brunt of the pain, Ark Invest’s James Wang said Thursday on CNBC’s “Fast Money.”

“We’ve never been big on … Broadcom,” said Wang, who covers…



Source cnbc.com

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