中信证券：232半导体关税的加征对国内半导体企业影响极其有限

Core Viewpoint - Trump announced on August 5 that he will introduce semiconductor Section 232 tariffs, imposing approximately 100% tariffs on imported chips from countries that do not produce or plan to produce in the U.S. [1] Group 1: Impact on Domestic Semiconductor Industry - The new tariffs are expected to have a limited impact on domestic semiconductor companies due to their small exposure to the U.S. market [1] - The tariffs reinforce the necessity for localized production within the semiconductor industry [1] Group 2: Implications for Apple and Overseas Supply Chain - Companies that have committed to manufacturing in the U.S., such as Apple and Nvidia, will be exempt from the new tariffs, which may lead to a recovery in market sentiment [1] - The exemption for companies with prior investment commitments in the U.S. could positively influence the Apple supply chain and overseas computing power chain [1]