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China halts rare earth exports to U.S. amid escalating trade tensions
Here is how the latest US tariffs affect PC makers, gaming companies, chip manufacturers, and consumer electronics pricing.
Adam Posen published a similar argument (and in more detail) in Foreign Affairs earlier this month, noting that " the U.S. economy will suffer enormously in a large-scale trade war with China, which the current levels of Trump-imposed tariffs, at more than 100 percent, surely constitute if left in place." The tech giant revealed its intention to invest up to $500 billion in AI infrastructure across the United States over the next four years, collaborating with TSMC (Taiwan Semiconductor Manufacturing Company), Foxconn, Wistron, Amkor, and SPIL. (Image credit: Windows Central)Due to Microsoft's downturn in stock performance, which is currently at -3.62 % (MSFT), Wedbush Securities has cut its price target from $550 to $475 and lowered earnings forecasts for the rest of the fiscal year.
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