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Chip stocks tumble despite dodging Trump’s tariffs

April 3, 2025
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Apr. 03, 2025 6:01 AM ETAMD, INTC, TXN, LSCC, AMAT, NVDA, QCOM, LRCX, ADI, MRVL, MU, TSM, ASML, KLAC, AVGO, GFSBy: Ravikash Bakolia, SA Information Editor
Chip stocks tumble despite dodging Trump’s tariffs

coffeekai

Chip shares slumped premarket on Thursday after President Donald Trump’s ‘Liberation Day’ tariffs have been introduced on buying and selling companions, together with China and Taiwan, regardless of semiconductors being listed amongst imports exempted from the tariffs.

AI chipmakers Nvidia (NVDA) and Superior Micro

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