Apple (NASDAQ: AAPL), Dell Technologies Inc. (NYSE: DELL) and other major hardware manufacturers surged after the U.S. government reinstated tariff exemptions on hundreds of Chinese imports, including semiconductors, computer components, and critical manufacturing tools. The move eases cost pressures for electronics firms reliant on Chinese supply chains, particularly those producing servers, smartphones, and data infrastructure. Analysts say the decision offers near-term relief to tech hardware margins and could help stabilize pricing volatility tied to geopolitical risk.
Apple shares are currently trading at $176.25, up 2.9%, while Dell has risen to $120.86, gaining 3.4% on the day. Broader tech indices also reflected optimism following the tariff relief.
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