Semiconductor stocks (^SOX) are trading higher after Bloomberg reported that President-elect Donald Trump's chip tariff policies could be less strict than expected. Brian Sozzi and Julie Hyman break down what investors need to know on Catalysts. ASML Holding (ASML), Marvell Technology (MRVL), Applied Materials (AMAT), Taiwan Semiconductor Manufacturing Company (TSM), Nvidia (NVDA), and Qualcomm (QCOM) are among the chip sector gainers.

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This post was written by Naomi Buchanan.