Semiconductor Stocks Surge as Trump's Tariffs Skip Sector

Semiconductor stocks are bouncing back, after President Donald Trump’s reciprocal tariff update notably exempted the sector. The move gave chipmakers some breathing room in an otherwise tense trade environment, with giants Advanced Micro Devices Inc (NASDAQ:AMD) and Super Micro Computer Inc (NASDAQ:SMCI) leading the charge. Advanced Micro Devices stock is up 4.4% at $97.51 ahead of the open, but still has plenty of ground to recover. Tariff pressure has taken a toll on AMD in 2025, culminating in a 22.7% ye ...