Micron Technology (MU)

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In anticipation of the next round of tariffs, U.S. memory chipmaker Micron Technology (MU) plans to impose a tariff surcharge on customers.

Chipmaker Micron Technology Inc. (NASDAQ:MU) faces a rough April with a 22% stock drop, due to tariff-related surcharges and un-forecasted demand.

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The brokerage called the Trump administration’s tariffs “convoluted and virtually impossible to assess completely,” largely because of the semiconductor industry’s complex supply chain.

Shares of memory chips maker Micron (NYSE:MU) fell 14.9% in the afternoon session after President Trump announced "reciprocal tariffs" on all US imports, set at a minimum rate of 10%.