A number of stocks fell in the morning session after the U.S. government announced new tariffs of 10% to 12.5% on 60 trading partners over concerns related to forced labor. The targeted nations include the European Union, Japan, South Korea, and Taiwan—the fundamental pillars of the global semiconductor supply chain. While the U.S. designs many of the world's leading chips, the industry relies heavily on imported specialty chemicals, raw silicon wafers, and multi-million-dollar fabrication equip
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Himax, Teradyne, Entegris, IPG Photonics, and Penguin Solutions Shares Plummet, What You Need To KnowStockStory55d agobearish
onsemi, Teradyne, and Penguin Solutions Shares Are Falling, What You Need To KnowA number of stocks fell in the afternoon session after the CPI print of 4.2% annual inflation (the hottest since 2023) revived the rate hike narrative.