Intel is the global chip industry revenue leader, but also the United States important manufacturers. Trump said in Friday that it would push for a planned tariff on 50 billion dollars of Chinese imports.
Although most of the chip products were not included in the original list published in April, U.S. trade officials published a second tax list in Friday containing 284 products, worth $16 billion trillion, including microprocessors and memory chips and other Intel's core products. The tariffs will not take effect until the public comment period, and the final tax list may not contain chips, a number of analysts said. But Intel shares tumbled 3.4% to $53.22 in Monday, influenced by investor skepticism.
Later in Monday, Trump also announced a possible tax on 200 billion of dollars in Chinese imports, but it was unclear whether the list would include chips or computer-computing products that could hit Intel. Intel may adjust its production strategy to avoid the impact of this policy. Intel produces raw chips in six so-called wafer mills, three of which are in the United States, one in Ireland, one in Israel and one in China.
Wafer factory products will be sent to the packaging and testing plant. Bernstein analyst Stacy Rasgon said, ' Trade wars are often bad for the global economy, and semiconductors are global commodities.
' Many chip manufacturers in China to carry out the packaging test, accounting for about 10% of the chip value, chip design and manufacturing is the proportion of chip value is very high.