Two reports highlight escalating market uncertainty as retaliatory tariffs from the Trump administration have rattled the tech industry. The news points to steep declines in semiconductor stocks, with major names like Nvidia and TSMC facing notable drops that could ripple across the broader technology and AI sectors, intensifying concerns among investors and industry leaders.
A report said the trade-weighted average tariff rates in most countries are much lower than the figures used by the Trump administration.
Despite tariff impact, Microsoft's top shareholder said he's a long-term believer in the company, given its opportunity in compute and intelligence.
The video game sector must brace for impact following the announcement of Trump's new tariffs earlier this week. According to Aubrey Quinn, senior vice president of the ESA, these tariffs will significantly disrupt game development, as well as hardware and software production.Read Entire Article
Technology stocks fell for a second day Friday as retaliatory tariffs from China fueled fears of a global trade war.
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Apple's iPhone 16 Pro Max could near $2,300—almost double current prices—as a 43% increase is predicted in response to U.S. tariffs on Chinese and global imports in its supply chain.
TechCrunch Mobility is your hub for transportation news, featuring insights on Tesla's 13-year journey under Elon Musk's leadership, highlighting the company's dramatic ups, downs, near misses, and comebacks.
AI companies and the broader tech sector are mired in uncertainty over Trump tariffs, sparking market instability, as evidenced by significant drops in stocks like Nvidia (–7.59%) and TSMC (–7.22%).
Loongson has successfully taped out its eight-core 2K3000 and 3B6000M chips, designed for mobile/industrial devices, including an iGPU capable of lightweight AI acceleration.
Technology stocks fell for a second day Friday as retaliatory tariffs from China fueled fears of a global trade war.
Nintendo says Switch 2 preorders won't go live in the U.S. on April 9, citing President Trump's newly revealed tariffs.
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