Savvy Stocks Ahoy! Tech Treasures Rise as Tariff Tides Turn!

A Pirate's Life for Chips!

Savvy investors gather 'round! It appears the seas of trade have calmed at least for a bit. The U.S. and China those two kraken of the economic ocean have agreed to… *gasp*… a pause! Yes a pause on their tariff squabble. Why is this news? Because me hearties those tariffs were hitting tech stocks harder than a broadside from the Royal Navy! Semiconductor firms and smartphone peddlers were taking a right beating. But fear not for Captain Jack is here to spin this yarn with a touch of… optimism? Maybe?

Nvidia's New Course!

Now about these stocks… Nvidia that beasty of a chipmaker was up a respectable 4% before the sun even thought about rising! Even with those pesky restrictions on what they can send to China. Seems even the most cursed ships can find a favorable wind. AMD followed suit rising higher than the crow's nest at 5%. And Broadcom? Also around 5% higher along with Qualcomm. Seems like everyone's gettin' in on the treasure hunt eh?

TSMC: The Chip Giant's Leap!

Ah but the real prize might just be Taiwan Semiconductor Manufacturing Co. (TSMC) the world's largest chipmaker. Their U.S. listed shares jumped around 4% before the market even had a chance to say 'Shiver me timbers!' They closed before the announcement those sly dogs but the good news still caught up with them. Even in Europe ASML the supplier of machinery to make the chips are feeling lucky!

Apple's Tariff Troubles!

Now let's talk about Apple aye? They make 90% of their iPhones in China which means those tariffs were about to cost them a whopping $900 million this quarter alone! But worry not because those shares are flying higher than the Jolly Roger! Up more than 7% they be! 'Why is the rum always gone?' Perhaps they used it to celebrate this temporary reprieve.

Amazon's Bounty!

And what about Amazon? Up more than 8%! Many a seller on that platform relies on Chinese products so this tariff pause is like finding a chest full of gold doubloons after a long voyage. One has to wonder if they used a compass of some kind. Of course there are those who don't believe in pirates but perhaps they should be paying closer attention!

Charting a New Course for Tech!

So what does all this mean? Well according to some landlubber named Daniel Ives from Wedbush Securities new highs for the market and tech stocks are now on the horizon in 2025. Of course as you all may know I'm dishonest and a dishonest man you can always trust to be dishonest. Honestly it's the honest ones you can't trust. But for now savvy?