The Motley Foolยท2025-04-18 12:45Group 1: Market Overview - The recent marketwide sell-off has significantly impacted tech stocks, with Nvidia, Taiwan Semiconductor Manufacturing, and ASML Holding experiencing declines of approximately 25%, 30%, and 40% respectively [1] - Despite the sell-off, the price declines are primarily driven by fear rather than factual changes in the companies' fundamentals [2] Group 2: Tariff Relief and Its Impact - Investors have started to see tariff relief, as President Trump's team has made concessions, reducing tariffs to a 10% rate across the board, with potential further reductions through ongoing negotiations [4] - Specific products, including copper, pharmaceuticals, semiconductors, smartphones, and computers, have been exempted from tariffs, alleviating some concerns for tech companies [5] Group 3: Growth Drivers - The demand for AI-related technologies continues to grow, with Nvidia's CEO estimating that data center buildouts will increase from $400 billion in 2024 to $1 trillion by 2028, indicating strong future revenue potential for Nvidia [8] - Taiwan Semiconductor projects a 45% compound annual growth rate for AI-related revenue over the next five years, alongside nearly 20% overall growth, confirming the anticipated demand for chips [10] - ASML holds a technological monopoly in extreme ultra-violet lithography machines, essential for chip fabrication, positioning it for strong growth in the coming years [12] Group 4: Investment Opportunity - Following the market sell-off, Nvidia, Taiwan Semiconductor, and ASML are trading at lower valuations compared to previous months, presenting a potential buying opportunity for investors [14]