Apple shares lead tech higher after tariff exemptions

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 rising 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.

Published - April 14, 2025 01:15 pm IST