While the White House carved out a narrow exemption for some semiconductor imports, President Donald Trump’s sweeping tariffs still apply to GPUs and chipmaking equipment.

TSMC (TSM), and other chip stocks fell Thursday following President Trump’s announcement of sweeping reciprocal tariffs set to affect the semiconductor supply chain. Nvidia stock dropped over 5%, while rival Advanced Micro Devices (AMD) declined by about 4%.

But just two weeks ago, CEO Jensen Huang suggested his company was well positioned in a trade war, saying Nvidia could be more insulated from tariffs and even a recession. At the company’s GTC conference on March 19,

The chips are down. Chip stocks fell Friday, losing ground on the second trading day after President Donald Trump unveiled a set of global tariffs that sent stock markets dramatically lower—and the first since China announced its own retaliatory measures.

Amid the market turmoil following Trump’s “Liberation Day” tariffs, Nvidia (NVDA) took a hit as a symbol of risk-on-stock investing and global

Nvidia shares fell over 4% early Monday after US President Donald Trump delivered a stern message about trade tariffs. Trump said on Sunday that no country would be given any special treatment regarding tariffs.

Nvidia, TSMC, and chip stocks took a major hit after President Trump announced new reciprocal tariffs on key semiconductor-producing countries. With China facing a 54% tariff, Taiwan 32%, and Vietnam 46%,

President Donald Trump’s tariff policy has had a far-reaching impact on the U.S. stock market, with a particular effect on the tech giants known as the “Magnificent 7.” During the recent trading day,

Dow Jones futures will open Sunday evening, along with S&P 500 futures and Nasdaq futures, after Trump tariffs triggered the major indexes' worst week since the March 2020 Covid crash.The stock market suffered a meltdown last week week,