Chip Stocks Surge As Trump Pauses Tariffs For US Allies, Targets China With 125% Duties – ARM Holdings (NASDAQ:ARM)

Chip Stocks Surge As Trump Pauses Tariffs For US Allies, Targets China With 125% Duties – ARM Holdings (NASDAQ:ARM)

Semiconductor stocks such as Arm Holdings ARM, NVIDIA inc. NVDA and Broadcom Inc. AVGO are trading higher Wednesday after President Donald Trump announced a 90-day pause on new tariffs for countries that have not retaliated against U.S. trade measures.

What To Know: The broader tech sector rallied in sync, with AMD, Microsoft, Apple, Meta and Amazon all moving higher as the market digested the policy shift. Trump’s new approach — which singles out China with a steep 125% tariff while…

Article Source
https://www.benzinga.com/trading-ideas/movers/25/04/44724362/chip-stocks-surge-as-trump-pauses-tariffs-for-us-allies-targets-china-with-125-duties