Trading Monday: Broadcom Inc

trading monday: Shares of STMicroelectronics NV were also hit. ; The share-price falls follow U.S. corporations freezing the supply of critical software and components to China's largest technology company, in order to comply with White House orders, according to The Japan Times. Chipmakers including Intel Corp., Qualcomm Inc., Xilinx Inc. and Broadcom Inc. have told their employees they will not supply Huawei till further notice, according to people familiar with their actions. Germany's Infineon Technologies AG fell in early trading Monday after the Nikkei daily reported it halted shipments to the Chinese company in the wake of the U.S. ban. Alphabet Inc.'s Google cut off the supply of hardware and some software services to the Chinese giant, another person familiar said, asking not to be identified discussing private matters. The Trump administration on Friday blacklisted Huawei which it accuses of aiding Beijing in espionage and threatened to cut it off from the U.S. software and semiconductors it needs to make its products. The moves, which had been anticipated, hamstring the world's largest provider of networking gear and No. 2 smartphone vendor. (news.financializer.com). As reported in the news.