China's export controls on Japan aimed to stop remilitarization, nuclear ambitions

Directly affected

• No company is named in this report.

Indirectly affected

• NVDA NVIDIA

  Chip makers and their suppliers move when export rules or Taiwan risk changes

• TSM Taiwan Semiconductor

  The main advanced-chip manufacturer sits in Taiwan

• ASML ASML

  Chipmaking-equipment sales follow export rules

• AVGO Broadcom

  Chip makers and their suppliers move when export rules or Taiwan risk changes

• XLE Energy Select Sector SPDR

  Energy prices move when sanctioned supply is blocked

• USO United States Oil Fund

  This fund moves with oil prices

• AMD AMD

  Chip makers and their suppliers move when export rules or Taiwan risk changes

• AMAT Applied Materials

  Chip-equipment makers feel export controls

• LRCX Lam Research

  Chip-equipment makers feel export controls

• SMH VanEck Semiconductor

  A fund of semiconductor companies

Price reaction, T-5 to T+3