|Bid||96.02 x 800|
|Ask||96.05 x 1100|
|Day's Range||94.21 - 96.60|
|52 Week Range||67.68 - 133.00|
|Beta (5Y Monthly)||1.22|
|PE Ratio (TTM)||25.91|
|Earnings Date||Jul 22, 2020 - Jul 27, 2020|
|Forward Dividend & Yield||1.52 (1.59%)|
|Ex-Dividend Date||May 12, 2020|
|1y Target Est||95.43|
Nvidia earnings are booming again. Nvidia stock is once again a chip leader thanks to its data center business. But is it a good buy in the coronavirus stock market rally?
Does the May share price for Xilinx, Inc. (NASDAQ:XLNX) reflect what it's really worth? Today, we will estimate the...
Xilinx announced the industry’s first 20-nanometer (nm) space-grade FPGA for satellite and space applications.
The best 5G stocks to invest in will change over time. The consumer smartphone market will evolve into broader 5G wireless enterprise opportunities. Apple's 5G iPhone launch is one key.
Xilinx, Inc. announced that it has priced its offering of $750 million aggregate principal amount of its 2.375% Senior Notes due 2030
Moody's Investors Service ("Moody's") assigned an A3 senior unsecured rating to Xilinx, Inc.'s proposed debt offering. Xilinx's credit profile reflects its leading position in the $6 billion programmable logic device (PLD) market where Xilinx has over 55% market share and competes mostly with just one other company (Altera, owned by Intel). Xilinx has generated positive free cash flow each year for more than a decade, and we expect ongoing strong credit metrics even in the currently challenging macro environment.
Xilinx, Inc. announced it is establishing Xilinx® Adaptive Compute Clusters (XACC) at four of the world’s most prestigious universities.
Xilinx's (NASDAQ: XLNX) fiscal fourth-quarter results turned out to be a mixed bag. The chipmaker beat Wall Street's revenue expectations by a small margin and met earnings estimates, but its guidance played spoilsport. Xilinx forecast $660 million to $720 million in revenue for the first quarter of fiscal 2021, the mid-point of which is going to fall well short of the consensus estimate of $738.8 million.
5G is here. The new digital wireless technology first started to make waves in 2017, with connectivity tests in Argentina, Norway, and Poland. By late 2018, active 5G networks were starting to appear on a limited basis in various urban areas, and in 2019 the first nationwide networks went into operation in the US and China. As 2020 matures, industry analysts expect to see these networks expand, as providers move into the mid- and high-frequency bands.The new network rollout brings with it a slew of opportunities, as does any new technology. Original equipment manufacturers will need new components. The new networks will require a denser network of towers and transmitters, which in turn will require their own hardware. Semiconductor chip makers especially are looking forward to increased sales as the new equipment brings with it needs for updated and upgraded chips.To this end, we pulled up TipRanks’ database to learn more about two exciting plays in the 5G space. According to the Street, both of the Buy-rated stocks could win big as this new technology trend takes over. Let’s jump right in.Resonant Inc. (RESN)Operating on an IP licensing model, Resonant designs filters for radio frequency and front-ends for mobile devices. With the company expected to be a major beneficiary of the 5G rollout as the adoption of XBAR architectures in the mobile handset space ramps up, now could be the right time to pull the trigger.This is the stance taken by Needham’s Rajvindra Gill. The five-star analyst recently hosted a Zoom investor call with CEO George Holmes, and the analyst walked away more confident that the Chinese smartphone market is rebounding. Back in February, China handset shipments declined by 50% year-over-year, but consumer demand is on the rise once again. While not a full recovery as shipments in March 2020 are still down 20% year-over-year, the rate of decline is slowing, demonstrating that the situation is improving. This is significant as the company relies on China for a significant portion of its revenue.Expounding on the importance of the market recovery in China, Gill stated, “Through its partnership with Murata, the largest filter manufacturer in the world, RESN's XBAR technology is largely targeted towards Chinese handset OEMs and the Chinese handset market.” He added, “Moreover, RESN indicated that Tier-1 handset OEMs in China have not made any changes to their 5G handset roadmaps and still are on track to roll-out several 5G models.”Also encouraging, despite a slight deceleration in Europe, statements from base-station equipment vendors imply that globally, 5G infrastructure deployment is on track. This leaves the door open for RESN, according to Gill. “We view XBAR technology as critical for 5G mobile applications and well-positioned to handle the key 5G requirements of higher bandwidths, rejection of unwanted signals/ noise, and increases in antennas,” he commented.Based on all of the above, Gill’s bullish thesis remains very much intact. He kept both his Buy recommendation and $3 price target as is. This conveys his confidence in RESN’s ability to surge 20% in the next twelve months. (To watch Gill’s track record, click here)What does the rest of the Street think about RESN’s long-term growth prospects? It turns out that other analysts agree with Gill. The stock received 4 Buys in the last three months compared to no Holds or Sells, making the consensus rating a Strong Buy. At $2.74, the average price target brings the upside potential to 9%. (See Resonant stock analysis on TipRanks)Xilinx Inc. (XLNX)As for the second stock on our list, Xilinx is the leading supplier of programmable logic devices (PLDs), a rapidly expanding segment of the semiconductor industry. Given the current economic landscape, one analyst thinks that its standing sets it apart from other players in the space and positions it for success.Writing for Baird, five-star analyst Tristan Gerra argued, “Xilinx is very well positioned given the current macro environment given its lack of exposure to supply chain disruptions, fabless model not impacted by utilization rate fluctuations, and high infrastructure exposure with notably 5G infrastructure and video streaming which we see as beneficiaries of work-at-home trends.”While acknowledging that there has been some concern surrounding the level in which XLNX is participating in 5G infrastructure buildouts, Gerra cites its large-scale Samsung win for second-generation 5G as demonstrating the company’s focus on this part of the business. “We continue to believe FPGA opportunities in radioheads will remain long-lasting, while management continues to see 5G as a meaningfully larger opportunity than 4G,” he noted.Specifically looking at 5G as a growth driver for the company, XLNX is expected to participate in almost 40% of China Mobile's recent $5.3 billion tender. On top of this, next year, the company will grow its Versal lineup into a much broader product family. Gerra believes this underscores its market share gains.Even though the company’s fiscal Q1 2021 guidance calls for revenue and GAAP gross margin that comes in below Gerra’s forecasts, the analyst sees XLNX emerging as a long-term winner.As a result, Gerra stayed with the bulls, reiterating an Outperform rating and $105 price target. Should this target be met, a twelve-month gain of 16% could be in store. (To watch Gerra’s track record, click here)Looking at the consensus breakdown, other analysts’ opinions are more varied. 8 Buys, 8 Holds and 1 Sell add up to a Moderate Buy consensus rating. Additionally, the $94.88 average price target implies modest upside potential of 4%. (See Xilinx stock analysis on TipRanks)To find good ideas for 5G stocks trading at attractive valuations, visit TipRanks’ Best Stocks to Buy, a newly launched tool that unites all of TipRanks’ equity insights.
Stocks go up and stocks go down. But when it comes to the broad and volatile semiconductor sector, variability can even see both happen at the same time. Working to validate that track record are three popular semi stocks indicating investors should be ready to diversify long and short within this important group.It generally remains a smart approach to follow or invest alongside the broader averages. Over longer time frames and during more meaningful market cycles, most listed companies go along, up or down, with the S&P 500 or other broad-based indices. That's common knowledge. It's also why trading with the trend is popular, particularly in rising stock markets like today.In our estimation the current market environment is inviting investors to trade the market long. But as I've recently stressed here at InvestorPlace, trading selectively from the short side is making increasing sense.InvestorPlace - Stock Market News, Stock Advice & Trading Tips * 30 Consumer Stocks to Buy Once the Coronavirus Pandemic Passes Given this observation, as well as semi stocks' reputation for mixing it up in bull and bear markets, the following analysis takes a dive into two names to buy and one company whose shares are set up for shorting. * Advanced Micro Devices (NASDAQ:AMD) * Micron Technology (NASDAQ:MU) * Xilinx (NASDAQ:XLNX)It's also true that within the market, semi stocks have a history of often testing bullish investors wherewithal. Even when the overall investing environment appears healthy, smaller business cycles, competition and near constant product innovation mean today's hot semiconductor company can quickly become tomorrow's bear, and vice versa. Semi Stocks to Trade: Advanced Micro Devices (AMD) Source: Charts by TradingViewSemi stock Advanced Micro Devices is our first company to trade. And this semiconductor is a buy. The past few years have taken a company on life support with small chance for recovery and transformed it into the S&P 500's best performing stock. Shares have rocketed from around $2 in 2015 to a current market price near $55 that's just removed from all-time-highs.Bulls that rode shares higher can largely thank the smart leadership and execution of CEO Lisa Su. Over this period Advanced Micro Devices has successfully taken market share away from the likes of Intel (NASDAQ:INTC) and Nvidia (NASDAQ:NVDA) with a myriad of competitive products across sub-markets in the industry. AMD isn't done either. Right now the price chart is indicating there's more to come.Technically, shares of AMD are forming a corrective three month long cup-shaped base within the stock's larger uptrend. It's bullish and looks more compelling as the price pattern has developed around the semi stock's prior all-time-high from 2000. Along with stochastics ready to reinforce Advanced Micro Devices' price tenacity upon signaling a bullish crossover and an earnings catalyst early next week, this semi stock is ready for upside action and new highs. I'm long, but smartly hedged and invite other investors to consider doing the same. Micron Technology (MU) Source: Charts by TradingViewThe next name on our list of semi stocks to trade are shares of Micron Technology. Investors can consider MU stock the epitome of price volatility. The outfit's memory markets have a history of erratic behavior on fast shifting supply and demand variables.That characteristic has been tamed somewhat in our ever-connected world. Still, MU remains one the more visible movers-and-shakers within the semiconductor industry. And in today's stock market, some nearby shaking to the downside is increasingly evident on the price chart.Technically, Micron stock has gone from a promising corrective cup-shaped basing pattern that began nearly two years ago to confirming a double top formation. * 30 Consumer Stocks to Buy Once the Coronavirus Pandemic Passes The monthly view of this MU stock seen above illustrates our concern. With the cup failure also occurring on a bearish trade-thru of MU's key 50% retracement level and stochastics pointing lower just out of overbought territory, the downside looks like unfinished business. Xilinx (XLNX) Source: Charts by TradingViewThe final stock on our list of semi stocks to trade is programmable chip manufacturer Xilinx. This less-talked about large-cap just released mixed quarterly results and reduced guidance going forward.That sounds less-than-inspirational. But companies have been known to sandbag. And given the novel coronavirus, my guess is Xilinx could be attempting to set investors up for future bullish surprises rather than more disappointment. The price chart agrees.Technically, shares of XLNX have established a meaningful corrective low on the monthly chart. April's rally has confirmed a bullish hammer candlestick which found long-term price support in-between the stock's 50% - 62% retracement levels tied to the 2008 financial crisis. The situation appears bullish, but there's more to Xilinx as well.The monthly price action has also tested Xilinx's lower Bollinger Band. That's good news. What's more, the volatile bottoming candle has successfully straddled a four-year long uptrend line after failing a shorter uptrend as shares corrected. Now, with earnings out of the way and stochastics successfully bottoming to support a low in shares, there's even more reasons to see this as a semi stock to buy.Disclosure: Investment accounts under Christopher Tyler's management own positions in Advanced Micro Devices (AMD) and Micron (MU) shares and derivatives, but no other securities mentioned in this article. The information offered is based upon Christopher Tyler's observations and strictly intended for educational purposes only; the use of which is the responsibility of the individual. For additional market insights and related musings, follow Chris on Twitter @Options_CAT and StockTwits. More From InvestorPlace * America's 1 Stock Picker Reveals Next 1,000% Winner * 25 Stocks You Should Sell Immediately * 1 Under-the-Radar 5G Stock to Buy Now * The 1 Stock All Retirees Must Own The post 3 Semiconductor Stocks to Trade For Big-Time Gains appeared first on InvestorPlace.
Xilinx stock fell Thursday after the chipmaker joined other semiconductor firms in guiding analysts lower for the June quarter because of coronavirus pandemic business disruptions.
The pandemic has ripped through the semiconductor industry, with lockdown orders interrupting operations and supply chains, even though many plants were eventually allowed to remain open. "I don't think anybody has a roadmap for where we are today," Chief Executive Officer Victor Peng told Reuters in an interview. Xilinx plans to be more conservative with buyback activity as it focuses on preserving capital and improving its liquidity position, Peng said on a call with analysts.
Xilinx Inc. shares declined in the extended session Wednesday after the chip maker's quarterly results topped Wall Street estimates but offered an outlook that did not. Xilinx shares declined 4% after hours, following a 5% rise in the regular session to close at $90.60. The company reported fiscal fourth-quarter net income of $162.3 million, or 66 cents a share, compared with $244.6 million, or 96 cents a share, in the year-ago period. Adjusted earnings were 78 cents a share, compared with 94 cents a share in the year-ago period. Revenue declined to $756.2 million from $828.4 million in the year-ago quarter. Analysts surveyed by FactSet had forecast earnings of 65 cents a share on revenue of $750.9 million. "There remains a high degree of uncertainty in the global business environment given the impact of COVID-19 which creates challenges with visibility beyond the near term," said Xilinx Chief Executive Victor Peng in a statement. "Therefore, we believe it is prudent to provide only quarterly guidance at this time." Xilinx expects fiscal first-quarter revenue of $660 million to $720 million, while analysts had forecast on revenue of $729.8 million. Xilinx's board also raised the quarterly dividend nearly 3% to 38 cents a share. The dividend is payable June 3 to shareholders as of May 13.
Xilinx, Inc. (Nasdaq: XLNX), the leader in adaptive and intelligent computing, today announced revenues of $3.16 billion for fiscal year 2020, up 3% from the prior fiscal year. Revenues were $756 million for the fourth quarter of fiscal year 2020, up 5% from the prior quarter and down 9% year over year.
NEW YORK, NY / ACCESSWIRE / April 22, 2020 / Xilinx, Inc. (NASDAQ:XLNX) will be discussing their earnings results in their 2020 Fourth Quarter Earnings call to be held on April 22, 2020 at 5:00 PM Eastern ...
Finding top semiconductor stocks to buy involves understanding the health of markets that purchase chips for their products. Chip stocks have risen on hopes for a 2020 market recovery.
Financial terms of the deal were undisclosed. Xilinx makes programmable chips used in telecommunications equipment such as base stations made by Ericsson, Nokia and Huawei Technologies Co Ltd. However, it was prevented from shipping some products to Huawei by U.S. authorities. Samsung, known by consumers mainly for its mobile phones, has been building and expanding a business in the network equipment industry, powering many of the 5G networks rolled out in Korea.
Xilinx announced that the Xilinx® Versal™ adaptive compute acceleration will be utilized by Samsung for worldwide 5G commercial deployments.
[Editor's note: "7 Failing Tech Stocks to Disconnect From Now" was previously published in February 2020. It has since been updated to include the most relevant information available.]As we've all learned recently, no matter how bullish a market gets, not every stock is a winner.That's true even in especially strong sectors like tech. The Nasdaq Composite handily outperformed the Dow Jones Industrial Average and the S&P 500 last year, but this year is radically different. Even within so-called "strong" sectors in tech, there are companies that are having trouble.InvestorPlace - Stock Market News, Stock Advice & Trading TipsThat doesn't mean these companies are doomed, but it does mean there are better places to put your money because downside risk to these particular stocks is increasing. * 7 Penny Stocks To Buy with Massive Upside Potential Don't get tempted to buy into these stocks just because they're cheap, thinking that they'll go back up to the market trend. There still may be more downside left before they make it back.A few of these firms are also big names that are large-capitalization, tech-heavy companies that are also names to stay away from for now. These are seven failing tech stocks to disconnect from for various reasons.But remember, the market is much better at valuing these companies than you are. These are all "F" or "D"-rated by my Portfolio Grader. Tech Stocks to Sell: Teradata (TDC)Source: IgorGolovniov / Shutterstock.com Teradata (NYSE:TDC) has been around a long time, since 1979 in fact. It was the love child of the California Institute of Technology and Citibank's advanced technology group.When it came into being it was one of the first enterprise software analytics companies out there. It was very far ahead of its time and like International Business Machines (NYSE:IBM), it was a company that blue-chip companies turned to for help establishing more efficiencies within their growing corporate structures.But those days are gone and a new wave of companies have entered this space as technologies have continued to mature.In its current form, TDC provides cloud services, data warehousing, business analytics and consulting. Most of this is now provided by Amazon's (NASDAQ:AMZN) Amazon Web Services, or Microsoft's (NASDAQ:MSFT) Azure.This legacy player is a shadow of its former self. And the stock is off 50% in the past year when all its competitors logged huge gains and customer growth. Vishay Intertechnology (VSH)Source: Michael Vi / Shutterstock.com Vishay Intertechnology (NYSE:VSH) is another one of those tech companies that has been around so long that it's listed on the New York Stock Exchange as opposed to the Nasdaq.The company's roots go back to 1962, which makes it another first-generation player in the tech sector. Its claim to fame is metal oxide semiconductor field-effect transistors (MOSFETs). It was the first compact transistor, which allowed computing to become as pervasive and mobile as it is today. And with the latest advancements, it'll be even more so!However, like with all technology, it doesn't belong to one company. In the dot-com boom, VSH stock was in its heyday. But after the crash, the stock has bobbed up and down and pretty much sits where it did 20 years ago, as new competitors have arrived to take its market share. * 7 Retail Stocks to Keep Your Distance From This isn't as much a stock on decline as it is a stock in a coma. And its recent earnings aren't helping that perception. F5 Networks (FFIV)Source: Michael Vi / Shutterstock.com F5 Networks (NASDAQ:FFIV) is second-generation tech firm that specializes in app-based networking and security.A decade ago, applications were becoming the big thing as mobility became a bigger part of computing. Using your smartphone to access businesses, shop, play games and hang out on social networks was the trend. This was the real rise in FFIV stock.And while the stock continues to grow, it's hardly moving at the pace it once did. One of the key problems is, when apps were new, companies sought out reliable firms that could handle the networking complexities as well as the security issues that come with apps.FFIV had built a name and reputation. But now, there are tons of app companies and more security solutions that can be integrated into apps. Plus, bigger companies now see the value in apps and have hired their own in-house staff.Plus, FFIV is still selling its app controllers and relying on a hardware sales model rather than a subscription-based recurring revenue model. It's planning on making the shift that causes serious disruptions in the business. It's best to stay away at least until that transition is over. Xilinx (XLNX)Source: Remus Rigo / Shutterstock.com Xilinx (NASDAQ:XLNX) is a chipmaker and designer that has been around since 1984. It was another company that got its big boost during the dot-com run when computer technology was riding its first wave. It was then that the internet became a real space for regular people to do things.That also meant that companies could also use computers as tools to integrate all their operations for efficiency.But after the dot-com bust, XLNX stock kind of meandered, hanging onto clients and growing its base a bit. Growth was substantial until about five years ago, when the 5G hype started.XLNX went all in and became one of the leading companies in the sector. It's a company with a $22.6 billion market capitalization, so this is a real player. And when it decides to focus on a potentially massive new sector, people take interest. * 7 Restaurant Stocks to Buy for a Big Rebound Unfortunately, a little more than two weeks ago, XLNX released a very dour earnings report. The company announced that due to the slower-than-expected 5G rollout, the company was cutting 7% of its workforce and reevaluating earnings going forward. Not a good time to get in. Meanwhile, my preferred 5G stocks passed my proven profitability tests for a great investment now. Boeing (BA)Source: vaalaa / Shutterstock.com Boeing (NYSE:BA) may not be what you think of as a tech company, but given its massive amount of work in cutting-edge aerospace and defense work, it's one of the leading integrated tech companies around.But there was a ton of trouble in the organization long before the novel cronavirus took it's bite (and it's not just the 737 Max issue, although that is huge, too). It's already expecting zero sales of the Max this year. Southwest Airlines (NYSE:LUV) is pulling all its Max planes out of service, at a huge loss.On the defense side, its refueling air tanker contract is not going well. And more internal documents are showing a callous disregard for the Federal Aviation Administration's inspection process and even for the way some programs have been run.One engineer was quoted in an email about the Max project: "This airplane is designed by clowns who are in turn, supervised by monkeys."In the meantime, its significant competitor Airbus (OTCMKTS:EADSY) is logging record amounts of orders.Remember, these planes stay in service for decades. The business lost now doesn't come back in a year or two. And the loss of confidence -- and Boeing's pride -- will hurt sales across the board for years. Corning (GLW)Source: madamF / Shutterstock.com Corning (NYSE:GLW) is a glass company that has been around since 1851. Millard Fillmore was president. That's a long time ago.On its face, a glassmaker seems an odd choice for a tech article, since the first thing that springs to most people's minds when they hear Corning is Corningware tempered glass measuring cups.But it also makes Gorilla Glass, which is the glass on most mobile phones. It was Steve Jobs that went to Corning before the launch of the iPhone and cut a deal with them to make the glass front for his new phone.While it still produces other types of glass for car windows and commercial and industrial uses, the stock price rises and falls on mobile phone sales because this is high-margin work -- and plentiful. The trouble is many companies are moving to flip phones with flexible screens now. This is going to cut into GLW's business. * 7 Telecom Stocks That Are Worth a Close Look It's likely GLW stock will be around for decades to come, but that doesn't mean its stock will be along for the tech ride all that way. I've found other smartphone plays (and, specifically, 5G) with better growth prospects. General Dynamics (GD)Source: Casimiro PT / Shutterstock.com General Dynamics (NYSE:GD) is another big, integrated tech company that specializes in using all that tech for defense and aerospace work.While the new defense budget was passed and allows for significant increases in funding for many projects GD works on, there is the insecurity of how final that budget is. Just this week, the White House told the U.S. Department of Defense to move several billion from weapons programs to build more of President Donald Trump's border wall.It's getting a "D" rating on my Portfolio Grader for momentum at the moment. And it gets a "D" overall.Now that doesn't mean the company is suffering from significant issues like Boeing. On the contrary, GD remains one of the top defense contractors in the game, building two new submarines in two separate classes at once. And the U.S. Navy is looking to add significantly to its fleet over the next decade.The point is, it's not in a good place to buy now. There is a lot of optimism priced into defense stocks now and we're in an election year. Whoever the Democrats choose will certainly be pegged the "anti-defense" candidate and the talking heads will focus on big defense cuts if they're elected.But the only party to slow down defense spending was the GOP when it enacted spending limits. Keep your powder dry on GD for now.Instead, the companies I'm particularly keen on now are facilitating the spread of ultra-fast internet worldwide -- anywhere there's a cell tower. The 5G Buildout Is an Incredible Opportunity for Investors Right NowWithin two years, most cell phones will be 5G enabled and be able to wirelessly handle television streaming. With 5G, we'll have cable modem speeds on any device; no need to plug in. That's a big deal for rural areas … the very same areas that are also key to President Donald Trump's reelection. So, by pushing 5G over the goal line, Trump will deliver a big win for his base -- and strike a blow against Chinese rivals like Huawei Technologies.But, in the big picture, 5G is about much more than trade wars and faster downloads. Because 5G is 100 times faster than 4G, it'll allow your internet devices to work in real time. That advancement is a game changer for tech companies.With the 5G infrastructure market set to grow at an annual rate of 67% over the next 10 years, the entire market will go from $780 million to nearly $48 billion. This buildout is where I see opportunity with 5G stocks now.Cable companies can do their best to fight back with fiber optics … but they can't compete with the convenience of a smartphone, once it's got ultra-fast 5G. That's how my 5G infrastructure play will capture more market share from the broadband cable companies.The stock I'm targeting is enjoying an influx of big money on Wall Street, and it has strong fundamentals, too -- making it an "A"-rated "Strong Buy" in my Portfolio Grader system.Click here to watch my new, free briefing on this extraordinary technology and the opportunity with 5G stocks.When you do, you'll see how to claim a free copy of my new investment report, The Netflix of 5G, which has full details on this company -- and what makes it such a great buy now.Louis Navellier had an unconventional start, as a grad student who accidentally built a market-beating stock system -- with returns rivaling even Warren Buffett. In one recent feat, Louis discovered the "Master Key" to profiting from the biggest tech revolution of this (or any) generation. Louis Navellier may hold some of the aforementioned securities in one or more of his newsletters. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 'Strong Buy' Stocks With Over 50% Upside Potential * 5 Emerging Markets ETFs to Consider as 2020 Rebound Plays * 4 Stocks to Buy No Matter Who Wins the 2020 Election The post 7 Failing Tech Stocks to Disconnect From Now appeared first on InvestorPlace.
Xilinx announced it has appointed Brice Hill to the position of executive vice president and chief financial officer (CFO), effective immediately.
The Trump administration is tightening rules to prevent China from obtaining advanced U.S. technology for commercial purposes and then diverting it to military use, several sources told Reuters. Three measures agreed to by senior U.S. officials in a meeting last Wednesday, but not finalized, would introduce hurdles that could be used to stop Chinese companies from buying certain optical materials, radar equipment and semiconductors, among other things, from the United States. The moves are advancing as relations between the United States and China, a key customer for U.S. technology, sour over the deadly coronavirus pandemic, which originated in Wuhan, and tit-for-tat expulsions of journalists from each country.