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Why major chip stocks are in the green, despite Trump's 100% tariff threat
President Donald Trump stunned markets Wednesday by announcing 100% tariffs on imported semiconductor chips — but major chip stocks rallied. Taiwanese chip giant TSMC's stock closed 4.9% higher. In South Korea, Samsung Electronics ended 2.5% higher while SK Hynix reversed losses of over 3% in early trade to close 1.4% up.
Stocks are rising on Wall Street, even as President Donald Trump’s latest tariffs kicked into effect on dozens of countries.
Investor's Business Daily on MSN2h
Stock Market Today: Dow Gives Back Gains; Intel Sinks After Trump Makes This Harsh Post (Live Coverage)The Dow Jones Index reversed lower Thursday after Trump tariff news. But Dow stocks Apple stock and Nvidia rose.
Trump is opening up 401(k) retirement plans to alternative assets, such as private equity and crypto, the White House has ...
Fortinet, AppLovin, Airbnb, Duolingo and more stock were making big moves Thursday after the companies reported quarterly ...
TOKYO (AP) — Toyota’s profit plunged 37% in the April-June quarter, the company said Thursday, cutting its full year earnings ...
Trump's One Big Beautiful Bill and sweeping tariffs are creating rifts in the stock market. Here's what to invest in, ...
According to a White House official, Apple will announce a new $100 billion commitment in the U.S., an acceleration of its ...
Big banks said they agree with President Donald Trump that financial regulations need an overhaul, even as their stock prices ...
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