Express News | Trump: Reports regarding the imposition of general tariffs on key imported Commodities are inaccurate.
After the USD dropped over 1%, it rebounded, and Trump denied the report of "tariff reduction."
Reports indicate that a tariff plan studied by Trump’s aides will target all countries but only cover key imported commodities, yet Trump denied on Social Media that the tariff policy would be reduced.
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The Semiconductors Index rose nearly 4%, with NVIDIA and Taiwan Semiconductor expected to close at new highs! What has happened to the chip stocks?
NVIDIA has broken through the $150 mark for the first time since last November, with semiconductor stocks in Asia, Europe, and the USA experiencing widespread gains. AI demand stimulated Foxconn's revenue to reach a record high in the fourth quarter of last year, becoming the main reason driving chip stocks to lead. Meanwhile, Microsoft and OpenAI have released positive signals regarding AI demand, and the market also anticipates a significant speech by Jensen Huang on Monday, all of which have boosted market sentiment.
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