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Shares of Huawei's American suppliers slide, but the Chinese giant says it can survive US blacklist

Arjun Kharpal

Shares of Huawei's key U.S.-listed suppliers including Qualcomm and Qorvo stumbled in Thursday trade. Huawei has reportedly been stockpiling critical components over the past few months in preparation for this move. Shares of Huawei's key United States -listed suppliers stumbled on Thursday following a new rule that requires American firms to seek government approval before selling to the China tech giant.