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Despite new tariffs on semiconductor chips, stocks like Apple rise as the measures are seen as "paper tigers."
Despite President Trump's announcement of 100% tariffs on imported semiconductor chips, stocks like Apple, and chipmakers such as TSMC, Samsung, and SK Hynix have seen a rise.
Apple is set to invest an additional $100 billion in domestic manufacturing, and the stock market has positively responded.
The tariffs are viewed as "paper tigers" due to exemptions for companies investing in the U.S., like Apple.
Additionally, Eli Lilly's stock dropped on underwhelming trial results for a new drug, while Duolingo's stock surged on strong results.
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A pesar de los nuevos aranceles sobre chips semiconductores, las acciones como Apple aumentan a medida que las medidas son vistas como "tigres de papel".