•  On August 7, 2025, President Donald Trump unveiled a sweeping plan to impose a 100 % tariff on imported semiconductors and computer chips, unless companies commit to building or operating manufacturing facilities within the United States.

•  The tariff includes exemptions for firms that invest in U.S. chip production. Apple, for example, qualifies due to its new $100 billion U.S. investment. At the same time, other major players like TSMC, Samsung, SK Hynix, Nvidia, and Intel, who have or are planning U.S. facilities, are also expected to be exempt. 

•  In response, chip-related stocks surged: Apple gained around 5 %, and semiconductor giants such as TSMC, Samsung, and SK Hynix also advanced amid investor optimism over tariff exemptions tied to U.S. manufacturing commitments. Investors saw the move as favorable for firms already shifting production stateside. The announcement helped lift share prices, as markets anticipated competitive advantages for compliant companies.