Reported 1 day ago
Wedbush analysts indicated that President Trump's recently announced intentions for new semiconductor tariffs might soften, pointing to Nvidia receiving licenses to sell AI chips to China as a potential shift in policy. While Trump signaled impending tariffs on semiconductors and pharmaceuticals, analysts predict the administration may pursue trade deals that would not severely impact major tech players. Meanwhile, ASML's shares dropped significantly due to concerns over future growth amidst economic uncertainties.
Source: YAHOO