Trump chip semiconductor tariffs: Intel's stock climbed Friday

Intel's stock climbed Friday, while other chip stocks slid after President Trump told reporters semiconductor tariffs could climb as high as 300%. Lutnick said Trump would enact "a special focus-type of tariff " on smartphones, computers and other electronics products in a month or two, alongside sectoral tariffs targeting semiconductors and ... President Donald Trump said late Tuesday that new tariffs on semiconductors could be coming soon. Wedbush analysts said his stance could soften. The chip industry’s main trade group, the Semiconductor Industry Association, declined to comment on Trump ’s latest tariffs .