On Semiconductor Gains 082% on 810M Volume Ranking 154th as Trump Tariffs Threaten Semiconductor Supply Chains

On Semiconductor (ON) rose 0.82% on August 1, 2025, with a trading volume of $810 million, ranking 154th in market activity. The stock’s performance coincided with renewed scrutiny over U.S. tariff policies and their potential impact on global supply chains. Recent announcements by President Trump on escalating tariffs on electronics imports from key manufacturing hubs have heightened concerns over cost pressures in the semiconductor industry.

Trump’s latest measures target countries including China, Vietnam, Taiwan, and India—major suppliers of electronic components. Tariffs on these goods are set to increase significantly, with India facing a 25% minimum rate. Analysts highlight that such levies could disrupt global semiconductor supply chains, as these nations are critical to production. The Yale Budget Lab estimates electronics prices may rise by up to 18.2% in the short term, compounding challenges for manufacturers reliant on cross-border sourcing.

While ON has not disclosed direct exposure to the tariff-affected regions, the broader electronics sector faces inflationary risks. Companies may pass on increased costs to consumers, potentially slowing demand. This dynamic could pressure semiconductor firms to absorb higher input costs or adjust pricing strategies, affecting profit margins. The situation underscores the vulnerability of global electronics manufacturing to geopolitical trade policies.

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