The semiconductor industry anticipates significant financial impacts from Trump's impending tariffs on chips, potentially exceeding $1 billion in losses for major players like Applied Materials, Lam Research, and KLA. Smaller firms may incur additional losses. Current measures include a temporary 90-day tariff pause, yet companies like Nvidia and AMD have reported severe consequences from export controls which threaten their operations and profitability. Trump's investigation into the tariffs revolves around national security concerns, aiming to incentivize domestic production despite uncertainties about the political landscape.
Some chipmakers are already feeling the pain of Trump's trade war, despite a 90-day pause on reciprocal tariffs and a tenuous exception for semiconductors and other electronics.
According to CNBC, these disclosures are 'the first major signs that Trump's fierce battle with China could significantly hamper chip growth.'
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