Business news related to the technology industry, including Apple, Amazon, Microsoft, Google, and Facebook, plus consumer electronics, start-ups, cryptocurrency, media, advertising, streaming, venture capital, antitrust and regulation.
Shares of major chip stocks rose as investors bet these companies' U.S. investments may help mitigate President Trump's proposed 100% semiconductor tariffs.
President Donald Trump said he will impose a 100% tariff on imports of semiconductors and chips, but not for companies that are "building in the United States."