U.S. officials are saying privately they might not levy semiconductor tariffs soon, as the Trump administration takes a more cautious approach with China, Reuters’ Laurie Chen, Trevor Hunnicutt, and Jeffrey Dastin report. President Trump said in August that the U.S. would impose a tariff of about 100% on imports of semiconductors but exempted companies that are manufacturing in the U.S. or have committed to do so. Publicly traded companies in the space include AMD (AMD), Intel (INTC), Marvell (MRVL), Microchip (MCHP), Micron (MU), Nvidia (NVDA), Qualcomm (QCOM) and Texas Instruments (TXN).
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