President Trump exempts tech devices from tariffs, Corning (GLW) ranks 2nd best electronic components stock.

From Yahoo Finance: 2025-04-19 11:33:00

President Trump exempts smartphones, computers, and tech devices from reciprocal tariffs on China. US Customs and Border Protection guidance issued on April 11 includes exemptions for semiconductors, solar cells, flat panel TV displays, flash drives, and memory cards. The exemptions aim to give companies time to move production to the US.

The US Commerce Department initiates a national security investigation into semiconductor imports, including silicon wafers and chip-making equipment. The investigation, ending on May 7, 2025, confirms that chips and the electronic supply chain are not excluded from President Trump’s tariff plans. This could have a significant impact on the tech and electronics industries.

Corning Incorporated (NYSE:GLW) ranks among the best electronic components stocks to buy. The company specializes in damage-resistant cover glass, precision glass for displays, ceramics, optical fiber, and wireless technologies. Corning’s products are used in various markets. The company introduced GlassWorks AI solutions to help build dense fiber infrastructure for generative AI.

Corning Incorporated (NYSE:GLW) is focused on innovation and offers industry-leading cable and connectivity solutions through GlassWorks AI. While GLW ranks 2nd on the list of best electronic components stocks, some AI stocks may offer higher returns in a shorter timeframe. Consider exploring AI stocks for potential investments. Check out our report on the cheapest AI stock for more information.

Read more: Is Corning Incorporated (GLW) the Best Electronic Components Stock to Buy Now?