Trump tariffs and export curbs on China cast a cloud over major chip stocks

Illustration of the China and U.S. flag on a central processing unit. Blackdovfx | Istock | Getty Images Uncertainty — that was the theme during earnings season for the world's biggest semiconductor firms which are unclear on demand for their products as a result of changing U.S. tariff policy and export restrictions that have been place on China. U.S. President Donald Trump's "reciprocal" tariffs took effect in April though they were paused shortly after. The White House also exempted certain tech products such as smartphones and chips. However, the U.S. is investigating imports of semiconductor technology which could come under new duties. Meanwhile, Washington last month added more semiconductor products from Nvidia and AMD to a list of items that are restricted for export to China, building on Biden-era curbs. The changing tariff and China policy has caused consternation among executives at the world's largest chip companies with visible impacts on their busiensses already. AMD o ... Read full article.