Apple, computer makers up as Trump exempts some electronic items from China tariffs

ReutersApr 14, 2025 8:44 AM

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Shares of iPhone-maker Apple AAPL.O and computer hardware makers Hewlett Packard HPQ.O and Dell DELL.O up between 5.8% and 6.6% in trading before the bell

U.S. President Donald Trump grants exclusions from China tariffs on smartphones, computers and other electronics

Shares of semiconductor companies Nvidia NVDA.O, Intel INTC.O, Advanced Micro Devices INTC.O, Broadcom AVGO.O, Micron Technology MU.O up between 2% and 5% premarket

Separately, Trump says he would be announcing the tariff rate on imported semiconductors over the next week

Up to last close, the tech-heavy Nasdaq 100 index .NDX was down ~11% this year

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