onsemi, Allegro MicroSystems, Entegris, Broadcom, and NXP Semiconductors Stocks Trade Down, What You Need To Know

onsemi, Allegro MicroSystems, Entegris, Broadcom, and NXP Semiconductors Stocks Trade Down, What You Need To Know

By Kayode Omotosho
Publication Date: 2026-03-28 00:49:00

A number of stocks fell in the afternoon session after China initiated a trade barrier investigation against the United States, escalating trade tensions. China’s Ministry of Commerce announced it would begin two probes into U.S. trade practices, alleging they have disrupted global supply chains.

The move was seen as a direct retaliation to tariff investigations started by the U.S. administration earlier in the month. One Chinese investigation will specifically examine U.S. policies that restrict the export of advanced technology products to China and limit bilateral investment in key sectors. This action raises concerns about further trade restrictions and potential impacts on U.S. tech companies that have significant business operations and sales in the Chinese market.

Adding to the concern, geopolitical tensions in the Middle East were projected to drive supply chain disruptions for key materials. The conflict reportedly tightened the global supply of helium,…