Exclusive: US tariffs may cost chip equipment makers more than $1 billion, industry estimates
U.S. President Donald Trump's new tariffs could cost U.S. semiconductor equipment makers more than $1 billion a year, according to industry calculations discussed with officials and lawmakers in Washington last week, two sources familiar with the matter said. Each of the three largest U.S. chip equipment makers - Applied Materials, Lam Research and KLA - may suffer a loss of roughly $350 million over a year related to the tariffs, the sources said. The potential billion-dollar cost to the chip equipment industry and talks between industry executives and U.S. officials over several days about those costs are reported here for the first time.
Reuters
•
30 minutes ago
