By WSJ Staff
Nvidia $(NVDA)$: The chip maker warned it will take a $5.5 billion charge after the U.S. said it will need a license to export its H20 processors to China and other countries. Shares fell 5% in premarket trading.
ASML (NL:ASML; ASML): The global chip-equipment maker reported much weaker-than-expected orders and warned about tariff-related disruption. Shares fell 5% in Amsterdam.
Advanced Micro Devices $(AMD)$, Broadcom $(AVGO)$, Micron Technology $(MU)$: The drop in Nvidia and ASML shares rippled to other chip stocks. AMD, Broadcom and Micron each lost more than 3% premarket.
Heineken (NL:HEIA): The Dutch brewer reported better-than-expected revenue growth and confirmed its full-year guidance, despite warning of uncertainties ahead due to tariff policy. Shares gained over 3% in Amsterdam.
EQT (SE:EQT): The Swedish private-equity company said its portfolio has limited direct exposure to tariffs, but weaker markets will make it harder for it to sell or list businesses this year. Shares fell more than 5% in Stockholm.
Citizens Financial $(CFG)$, U.S. Bancorp $(USB)$ and Abbott Laboratories $(ABT)$ will report results before markets open. Results from CSX $(CSX)$ and Alcoa $(AA)$ are due after the closing bell.
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(END) Dow Jones Newswires
April 16, 2025 05:57 ET (09:57 GMT)
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