Reported 3 days ago
U.S. President Donald Trump's proposed tariffs may lead to over $1 billion in annual costs for U.S. semiconductor equipment manufacturers, including major companies like Applied Materials and Lam Research, each facing potential losses around $350 million. Smaller firms could incur tens of millions in extra expenses. This comes after substantial revenue losses due to previous export controls from the Biden administration aimed at limiting advanced semiconductor technology exports to China. The discussions about these tariff impacts were held with industry executives and U.S. officials, revealing significant concerns about compliance costs and alternative sourcing for manufacturing components.
Source: YAHOO