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Barchart
Pathikrit Bose

This 1 Chip Stock Says Tariffs Haven’t Changed Its Growth Story as Profits Surge 60%

TSMC Donald Trump TSM Nvidia Semiconductor

Although President Donald Trump has so far exempted semiconductors from import tarifs, perhaps in a sign of how important artificial intelligence (AI) is to the economy, chip makers have not been spared from stock market turmoil. Last week, Trump announced new export restrictions on advanced chips to China. This lead Nvidia to estimate a hit of $5.5 billion from the tighter government controls.

Yet, that has not dented the optimism around the world’s largest contract manufacturer of chips.

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