Advanced Micro Devices Inc (NASDAQ:AMD) stock fell nearly 1% on Friday as investors weighed new semiconductor tariff risks that could raise costs across chips, data center servers and other technology hardware.
Tariff Uncertainty Adds Risk For AI Hardware
The Trump administration is reportedly considering new semiconductor tariffs that could extend beyond chips to products containing semiconductors, including laptops, gaming consoles and data center servers.
Commerce Secretary Howard Lutnick reportedly favors linking tariff relief for foreign companies to investments in U.S. chip manufacturing.
The White House said reports about tariffs should be treated as "baseless speculation" unless the administration makes an official announcement.
