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U.S. Orders Equipment Halt to China's Hua Hong

The U.S. Department of Commerce ordered chip equipment firms, including Lam Research and Applied Materials, to halt tool shipments to China's Hua Hong Semiconductor. The move targets Hua Hong's advanced chip production, including AI chips, and marks an expansion of U.S. export controls beyond top-tier Chinese fabs.

Intel, Lam Research, Tesla Q1 Earnings Due

Intel, Lam Research, and Tesla are all scheduled to report Q1 earnings as Intel's stock rallies sharply. The results will test whether Intel's foundry pivot and cost cuts are translating to margin recovery, while Lam Research's numbers will signal semiconductor equipment spending trends. Tesla's report is expected to

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