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Semiconductors are exempt from reciprocal tariffs, so why are semiconductor stocks down?

In this video, Jose Najarro examines the impact of global tariffs on semiconductor stocks.

*Stock prices used were the market prices of April 3, 2025. The video was published on April 4, 2025.

Read Next

Jose Najarro has positions in Nvidia and VanEck ETF Trust-VanEck Semiconductor ETF. The Motley Fool has positions in and recommends Nvidia and Taiwan Semiconductor Manufacturing. The Motley Fool has a disclosure policy.

Stocks Mentioned

Nvidia Stock Quote

Nvidia

NASDAQ: NVDA
$186.23 (0.00%) $0.82
Taiwan Semiconductor Manufacturing Stock Quote

Taiwan Semiconductor Manufacturing

NYSE: TSM
$342.49 (+0.00%) $+0.84
VanEck ETF Trust - VanEck Semiconductor ETF Stock Quote

VanEck ETF Trust - VanEck Semiconductor ETF

NASDAQ: SMH
$400.39 (+0.01%) $+3.98

*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.

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