Analysts at investment bank Jefferies have warned that “tariff turmoil” will hit Europe’s semiconductor industry this year.
Jefferies have cut their price targets on companies across the sector, explaining:
The disruption and uncertainty from tariffs is expected to push the semiconductor sector into sharper downcycle, with weaker demand across segments including the AI supply chain and semicap equipment.
Ind./auto chip suppliers should meet Q1 estimates, but their Q2 and FY25 outlooks are likely to be impacted.
