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Trump is set on tariffing chips. It's not so simple. [Yahoo! Finance Canada]
Last nvidia corporation earnings: 2/13 04:20 pm
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US:NASDAQ Investor Relations: investor.nvidia.com/home/default.aspx
President Trump says he still intends to levy tariffs on semiconductors produced outside the US, despite TSMC ( TSM ) and other tech companies promising to invest billions in the country's chip manufacturing capabilities. During a press event Monday, Trump said he would impose the import tax “down the road” without providing an exact date or time frame. He previously called for a 25% tariff on processors but has been vague on the details of the plan, including how it will work, whether it will stack on top of other tariffs, and if it will apply to individual chips or products shipped to the US with chips in them already. The tariff talk comes after Trump criticized the CHIPS Act during an address before Congress and as chip companies struggle amid a sell-off of tech stocks. Shares of TSMC are off 15% on the year, while Nvidia ( NVDA ) is down 16%. AMD's ( AMD ) stock price has fallen 11%, and Broadcom's ( AVGO ) has dropped 25%. Intel ( INTC ) shares are up 17%, though that has
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