It appears that President Trump is moving ahead with tariffs designed to ignite🦩 a trade war with China, making it likely that companies spread across a multitude of sectors and areas 𒊎will be hit. Knowing which companies are likely to be impacted could make a significant difference in an individual investor's success at riding out the storm. Some of the stocks below are among those which could see the greatest damage as a result of a trade war with China, .
Skyworks Solutions
Skyworks Solutions (SWKS), the semiconductor company based in Massachusetts, is at the top of the list of S&P 500 companies with revenue exposure to China. Given China's assurance that it will retaliate against Trump's tariffs, it seems that SWKS could be slammed by the trade conflict. According to a report by UBS, Skyworks sees China accounting for about 80% of its total revenue.
Qualcomm, Inc.
Qualcomm (QCOM) is in a similar position to Skyworks Solutions. It also focuses on semiconductors and related technology. Significantly larger by market cap than Skyworks ($92 billion as compared with $20.3 billion), Qualcomm nonetheless relies on Chi𒆙nese business for nearly two-thirds of its total revenue.
Qorvo, Inc.
Third on the list of companies that may be negatively affected by a trade war with China is Qorvo, Inc. (QRVO). ꧋Like the companies above, this is a technology sector enterprise focused on semiconductors with a market cap of just under $11 billion. Qurvo sees about 60% of its revenue come from the Chinese market.
Intel Corporation
Intel (INTC) is the largest tech company on the list. With a market cap of nearly $240 billion and about 23% of its revenue linked to China, the manufacturer of computers and related produc🧔ts could be hit hard if the conflict ramps up.
Avery Denison
The list of companies most likely to be impacted by a Chinese trade conflict is dominated by 澳洲幸运5官方开奖结果体彩网:tech sector names and especially by companies operating in the semiconductor manufacturing space. However, there are other sectors which could be affected as well. Of materials-focused companies, Avery Dennison Corporation (AVY), the ✃manufacturer of adhesive materials, faces the risk of a slump in response to Chinese trade issues. The company sees just under 20% of its revenue from China.
Boeing Company
Boeing Company (BA), the major aircraft manufacturer, has 12.4% of its revenue linked to China. With more than $200 billion in market cap, the company faces the risk of a significant dip in revenue as a result of a Chinese trade war. Inde👍ed, Boeing has already seen a sto🐽ck dip based on speculation about the tariffs.