2019-07-12 — Qualcomm close price 74.9000015258789
Shares of several semiconductor companies are trading higher amid positive trends in US-China trade negotiations, Trump loosening the Huawei ban and the Fed signaling a rate cut. Japan/Korea trade tensions could also drive up memory prices.. UPDATE: Cassidy Also Tells Benzinga 'Japan / Korea trade issues may drive up the prices of memory devices following a year of memory prices in free fall. Prices for memory increased w/w for the first time in over a year.'. Stifel Nicolaus Analyst Kevin Cassidy On Semiconductors Strength, Tells Benzinga 'The fed signaling lower interest rates and Trump loosening the ban on Huawei are both huge news for semiconductor companies.'. Tigress Financial Analyst Ivan Feinseth Comments On Semiconductors Strength, Tell Benzinga 'Positive trends in US-China trade negotiations is lifting all the chip stocks.'