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Meta CEO Meta and Facebook Mark Zuckerberg, Lauren Sanchez, Amazon founder Jeff Bezos, CEO of Google Sundar Pichai, as well as Tesla and SpaceX CEO Elon Musk visit the inaugu 20, 2025.
Saul Lob | Through Reuters
Technology stocks have fallen by more than 7% since the president Donald Trump Came to post in January and new tariffs went trading war and adding fuel to Settings on risk On Wall -Rate.
Economists have warned that tariff slap could cause inflation and send shock waves worldwide, which made investors drop winning stocks and soften the risk.
The fears beat the actions of the technology that led to the market after the victory of President Trump. The S&P 500 technology sector decreased by 1% on Tuesday, based on 3.5% of the previous session. Trump has decreased by 7.7%since the inauguration.
Tariffs can cause production costs for leading technology companies such as Apple and Nvidia which collect and produce products outside the US
Nvidia, leading manufacturer of artificial intelligence, fell on almost 9% On Monday, in response to tariffs and decreased by 16% after Trump took over. The stock continued to add about 1% on Tuesday.
The company produces most of its chips in Taiwan, but produces some more sophisticated systems in other regions. Nvidia has stated that plans to produce some chips in Production of semiconductors at TaiwanPlanned objects in the US Trump announced on Monday The fact that the company is an additional 100 billion dollars to create five new arise facilities, which will lead to total TSMC investments in the US to $ 165 billion.
Semiconductor reserves are also insufficient, with Vaneck Semiconductor ETF From the moment of inauguration by almost 13%. Extended micro -device At the time when shed 18% Broadcom and Marvell Technology More than 20% and 29% are stirred respectively.
Elon Musk-fish Tesla Since the inauguration has lost more than a third of its value. Alphabet While approximately 13% Microsoft and Amazon are reduced at least 10% in each. Apple grew by 3%.
Trump smashed the hopes for potential Deal at the last minute On Monday, clearing the path of 25% of duties in Canada and Mexico to take effect. He said that after weeks of the negotiations there was no room left to discuss the alternatives. He also put another 10% tariff for Chinese goods.
All three countries responded to new levies. Canada said Tuesday would implement the retaliation tariffs, and Mexico said it was preparing to announce the plan on Sunday. China retreated back with Tariff up to 15% on some American goods.
