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Tech Giants Navigate Tariff Storm with Billion-Dollar Deals
Tech Giants Navigate Tariff Storm with Billion-Dollar Deals
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BTCCSquare news:
Top U.S. tech firms are deploying capital at unprecedented scale to sidestep punitive tariffs. Nvidia and AMD secured conditional White House approval to continue advanced chip sales to China—at a 15% revenue surrender cost. Legal mechanics remain unresolved, with spokesperson Karoline Leavitt noting the framework could expand to other companies.
Apple committed $600 billion in domestic investments over four years to exempt itself from looming 100% tariffs on imported chips. The MOVE follows $800 million in June-quarter tariff losses alone. Analysts interpret these maneuvers as temporary respites in an escalating trade war, with Paolo Pescatore of PP Foresight characterizing the flurry as purely defensive positioning.
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