澳洲幸运5开奖号码历史查询: The chips are down. 

Chip stocks fell Friday, losing ground on the second trading day after President Donald Trump unveiled a set of global tariffs that sent stock markets dramatically lower—and the first since China announced its own 澳洲幸运5开奖号码历史查询:retaliatory measures. The latest news offered investors yet another indication that trade war is here to stay, at least fo🍸r now. 

The PHLX Semiconductor Index (SOX), which tracks chip shares, was recently down about 7%. Four of its components, namely Marvell Technology (MRVL), Coherent (COHR), Entegris (ENTG) and Micron Technology (MU), were recently off more than 7% apiece. 

“Because many finished electronics goods and IT infrastructure goods are ultimately imported from many of [the countries affected by the new tariffs],” UBS analysts wrote Thursday, “this could have  a profound negative impact on electronics demand.”

Nvidia (NVDA𓆉), one of last year’s stock-market darlings, was off more than 7% in recent trading.

Citi 澳洲幸运5开奖号码历史查询:analysts yesterday suggested that analog chipmakers like Analog Devices (ADI) ཧcould outperform the broader sector in a downturn; its shares w🍬ere off some 6% in recent trading. 

This week’s tariff announcements have hit stocks broadly. Today, all three major indexes were recently down roughly 4%, with the blue-chip Dow faring only a bit better. All 11 of the S&P 500’s sectors were recently in decline; its semiconductor and equipment subindex was down about 7%.🅘 

China’s new tariffs on US imports are set to take effect Thursday, according to that country’s finance ministry.