Apple shares lead tech higher after tariff exemptions

ReutersLast Updated: Apr 14, 2025, 12:13:00 PM IST

Synopsis

Apple shares jumped over 6% in Frankfurt after U.S. tariff exemptions on electronics, lifting other tech stocks and Nasdaq futures, though uncertainty lingers amid looming semiconductor tariffs.

Apple's shares rose over 6% in Frankfurt after the U.S. granted exclusions from tariffs on smartphones, computers and some other electronics imported largely from China.

Other U.S. and European tech stocks listed in Frankfurt were also higher with Nvidia risisng more 3%, Dell Technologies up 6.3% and ASML up 2.8%.

Nasdaq futures gained 1.6% in early European hours.

Uncertainty however remained. U.S. President Donald Trump said on Sunday he would announce levies on imported semiconductors over the next week.

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