The Trump administration’s move to effectively ban U.S. companies from doing business with Chinese smartphone and telecom equipment giant Huawei, along with the state of the U.S.-China trade relationship more broadly, exerted downward pressure on semiconductor stocks in May – leading one analyst to suggest that “a lift of either would likely send the semiconductor industry materially higher (5% to 10%, in our view)”. For three beaten-down chip stocks with Huawei exposure that could be winners in a relief rally – and some specific trading guidance for each – CLICK HERE.