澳洲幸运5开奖号码历史查询

Stocks That Could Be Hit by a Trade War With China

It appears that President Trum🐷p is moving ahead with tariffs designed to ignite a trade🌺 war with China, making it likely that companies spread across a multitude of sectors and areas will b♏e hit. Knowing which companies are likely to be impacted could make a significant difference in an individual investor's success at riding out the storm. Some of the stocks below are among those which could see the greatest damage as a result of a trad💦e war with China, .

Skyworks Solutions

Skyworks Solutions (SWKS), the semiconductor company based in Massachusetts, is at the top of the list of S&P 500 companies with revenue exposure to China. Given China's assurance that it will retaliate against Trump's tariffs, it seems that SWKS could be slammed by the trade conflict. According to a report by UBS, Skyworks sees China accounting for about 80% of its total revenue.

Qualcomm, Inc.

Qualcomm (QCOM) is in a similar position to Skyworks Solutions. It also focuses on semiconductors and related technology. Significa🐻ntl🍌y larger by market cap than Skyworks ($92 billion as compared with $20.3 billion), Qualcomm nonetheless relies on Chinese business for nearly two-thirds of its total revenue.

Qorvo, Inc.

Third on the list of companies that may be negatively affected by a trade war with China is Qorvo, Inc. (QRVO). Like t💫he companies above, this is a technology sector enterprise focused on semiconductors with a market cap of just under $11 billion. Qurvo sees about 60% of its𒐪 revenue come from the Chinese market.

Intel Corporation

Intel (INTC) is the largest tech company on&nbs🥀p;the list. With a market cap of nearly $240 billion and about 23% of its revenue linked to China, the manufacturer of computers and related products could be hi𒀰t hard if the conflict ramps up.

Avery Denison

The list of companies most likely to be impacted by a Chinese trade conflict is dominated by 澳洲幸运5开奖号码历史查询:tech sector names and especially by companies operating in the semiconductor manufacturing space. However, there are other sectors which could be affected as well. Of materials-focused companies, Avery Dennison Corporation (AVY), the manufacturer of adhesive materials, faces the risk of🐎 a slump in response to Chinese trade issues. The company sees just under 20% of its re✅venue from China.

Boeing Company

Boeing Company (BA), the major aircraft manufacturer, has 12.4% of its revenue linked to China. With more than $200 billion in market cap, the company faces the risk of a significant dip in revenue as a result of a Chinese trade war. Indeed, Boeing has already seen a stock dip based 🌟on𓂃 speculation about the tariffs.

Do you have a news tip for Investopedia reporters? Please email us at

Related Articles