Which 3 industrial stocks are secretly thriving as Trump's tariffs crush tech supply chains?
8/3/2025 07:35am
**Nvidia, Broadcom, and Marvell are leading the slide in chip stocks following Trump's tariff announcement**, but there are industrial stocks that are secretly thriving as a result of the disrupted tech supply chains. Here are three such stocks:
1. **Taiwan Semiconductor Manufacturing Company (TSMC)**:
- TSMC is a critical player in the global semiconductor industry, with the U.S. investing $100 billion in its facilities.
- Despite the geopolitical risks, TSMC's profitability remains resilient, with a significant market capitalization and a substantial stock surge.
- Its strategic alignment with the U.S. through shared export control policies and the CHIPS Act makes it a key beneficiary of the U.S.-China tensions.
2. **Intel**:
- Intel is ramping up domestic production under the CHIPS Act, forming strategic partnerships with Taiwanese suppliers.
- These partnerships allow Intel to secure its supply chain amid the geopolitical uncertainty, positioning it to capitalize on the potential disruptions in the industry.
3. **Micron Technology**:
- Micron Technology is another U.S. firm that is benefiting from the CHIPS Act, which aims to bolster domestic semiconductor production.
- By forming strategic partnerships with Taiwanese suppliers, Micron is able to navigate the disrupted supply chains and capitalize on the increased demand for semiconductors.
These industrial stocks are not only managing to navigate the turbulent landscape of Trump's tariffs but are also positioning themselves for growth by leveraging the strategic shifts in the semiconductor industry.