Qualcomm slumps on Huawei ban as the tech Cold War with China heats up (QCOM)

Qualcomm plunged nearly 5% early Monday after telling its employees it would no longer supply the Chinese telecom firm Huawei.
The Trump administration issued an executive order last week that effectively bans US firms from supplying equipment to Huawei.
The move escalates the tech Cold War with China as trade tensions continue.
Watch Qualcomm trade live.
The chipmaker Qualcomm tumbled almost 5% early Monday after the company told its employees it would not supply the Chinese telecom Huawei unti