May 7 Semiconductor Tariff: NVDA, AAPL at Short-Term Risk?

On May 7th, Trump's semiconductor tariff is coming, affecting NVDA and AAPL. Is there short-term danger?

The U.S. Trump administration may announce details of additional tariffs on semiconductors as early as this week. The market estimates that the tax rate could be as high as 25% to 100%, and the new rules do not exclude the possibility of imposing tariffs based on the wafer manufacturing location (wafer out) as the country of origin.

This will also have a negative impact on major wafer manufacturers with production concentrated in the Asian region, such as $Taiwan Semiconductor Manufacturing(TSM)$ and Samsung, as well as chip design manufacturers that rely on Asian wafer foundry capacity, including $NVIDIA(NVDA)$ , $Apple(AAPL)$ , $Qualcomm(QCOM)$ , and MediaTek.

However, there is a faint feeling that the overall market, the $S&P 500(.SPX)$, may not be safe this week.

On a weekly basis, the $S&P 500(.SPX)$ is still under pressure from the 50-day moving average."

Data as of May 5th 2025

From the daily candlestick, the $S&P 500(.SPX)$ cross star, the price is also experiencing fluctuations below the 200-day moving average.

There are two open gaps below, and considering that the price trend needs to be reset, the first gap is likely to be fille

Data as of May 5th 2025

The stocks with the most insider sales last week included: $Netflix(NFLX)$ $Tesla Motors(TSLA)$ $Molina Healthcare Inc(MOH)$ , $BlackRock(BLK)$ , $Keurig Dr Pepper Inc(KDP)$