Randy Abrams

the bigger risk would be all of these tech products, whether it's a chip or it's the hardware, whether it's a notebook or a server or a smartphone, as a bundle, we're going to put a tech tariff on. So do we get a, like the reciprocal tariff, a tech tariff where US says, hey, you have to reshore. I don't care if it's a chip or the hardware.

the bigger risk would be all of these tech products, whether it's a chip or it's the hardware, whether it's a notebook or a server or a smartphone, as a bundle, we're going to put a tech tariff on. So do we get a, like the reciprocal tariff, a tech tariff where US says, hey, you have to reshore. I don't care if it's a chip or the hardware.

I'm going to put a, say, call it 25% tariff on no matter where it ships from on a tech product. That would be the type of scenario that ends up a bigger outcome for the supply chain. So I'd say chips alone, somewhat manageable.

I'm going to put a, say, call it 25% tariff on no matter where it ships from on a tech product. That would be the type of scenario that ends up a bigger outcome for the supply chain. So I'd say chips alone, somewhat manageable.

If it's chips plus hardware, I think then you're going to see the supply chain try to negotiate areas of relief to at least mitigate how much impact it could have on demand.

If it's chips plus hardware, I think then you're going to see the supply chain try to negotiate areas of relief to at least mitigate how much impact it could have on demand.