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Semiconductor Sector Sinks as Tariff Fallout Spreads
AVGOBroadcom(AVGO) Schaeffers Investment Research·2025-04-04 14:31

Semiconductor stocks are tumbling this week, as Wall Street reacts to President Donald Trump’s new tariff policy. The White House's baseline 10% tariff on all countries -- with even steeper country-specific levies to follow -- is sparking a sharp selloff across the chip sector. Heavily exposed to Asian supply chains and global export markets, Qualcomm Inc (NASDAQ:QCOM), Broadcom Inc (NASDAQ:AVGO), and Marvell Technology Inc (NASDAQ:MRVL) shares are taking a heavy hit.Qualcomm stock was last seen 4.1% lower ...