Allegro MicroSystems: Trade Restrictions Impact Chip Stocks

Markets & Money Today | 2 Min News - A podcast by The Daily News Now! - Saturdays

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Allegro MicroSystems stock dips as new U.S. trade restrictions rattle the semiconductor industry! Find out how fresh regulations on chip exports to China are impacting Allegro and its competitors, adding to existing concerns like tariffs. Was this just a market overreaction, or a sign of deeper trouble? We break down Allegro's recent volatility, including a previous 7% jump on inflation news, and explore its year-to-date performance. Plus, see how much you'd have made if you invested in Allegro's IPO! Hosted on Acast. See acast.com/privacy for more information.