Shares of major Asian technology suppliers, notably those serving Apple and NVIDIA, have plunged as a result of President Trump’s newly imposed tariffs on electronics and tech imports.

Key Factors Impacting the Market

• Suffering South Korean Firms:

  • Shares of Samsung Electronics (KS:005930) dropped by 5%.

  • SK Hynix (KS:000660) fell significantly by 8.1% as of 05:54 GMT.

• U.S.-Listed TSMC Impacted:
  Shares of Taiwan Semiconductor Manufacturing Co (TW:2330), a principal foundry for both Apple and NVIDIA, decreased sharply by 7% on Friday.

• Declines in Hong Kong and Japan:

  • China’s SMIC (HK:0981) plunged nearly 14%.

  • Japan’s Advantest Corp. (TYO:6857), supplying chip testing equipment to NVIDIA, saw more than 9% decline.

The Economic Impact of Tariff Measures

On April 2, President Trump announced a baseline tariff of 10% on all imports, accompanied by higher rates on specific countries:

• 34% on Chinese goods

• 24% on Japanese products

• 25% on South Korean imports

• 32% on Taiwanese goods

These aggressive tariffs intend to rebalance trade deficits but may substantially inflate production costs for major companies like Apple and NVIDIA. Analysts input these financial pressures may ultimately translate into higher consumer prices and lower demand. Suppliers must also shift production or reevaluate their supply chains in response to these measures.

Technical Market Analysis

Technically, momentum indicators suggest stocks are in an oversold condition. Investors can further grasp this trend by observing the Williams %R indicator, which measures current overbought or oversold conditions. For real-time technical data tracking, utilize the Technical (Williams %R) API.

As global trade tensions shift supply dynamics, the falls in Asian tech suppliers’ stocks underscore the broader risks affecting the electronics sector. The ongoing ramifications of tariffs may impact leading tech corporations and consumer pricing, increasing market volatility in the near term.