Trump-era tariffs are reportedly benefiting certain AI stocks, with Western Digital listed on Nasdaq and Morgan Stanley raising its price target.
1 report, 1 independent
Updated Jun 17
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What happened
Trump-era tariffs are reportedly benefiting certain AI stocks, with Western Digital listed on Nasdaq and Morgan Stanley raising its price target.
Who's involved
What this event is mainly aboutHow it developed
Newest first. Tap a step to see who reported it.- Cantor Fitzgerald gave Western Digital an overweight rating, and Morgan Stanley raised its target price for the company.Sub-event
- UBS and Morgan Stanley are raising price targets and ratings for companies benefiting from Trump-era tariffs, onshoring trends, and Nasdaq listings.Sub-event
- Financial firms raised price targets for KLA Corporation due to benefits from Trump-era tariffs and onshoring.Sub-event
Trump-era tariffs are reportedly benefiting certain AI stocks, including Western Digital.1 source
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The entities involved
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Donald Trump
American businessman and politician (born 1946), President of the United States (2017–2021; since 2025)
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Western Digital
American computer storage corporation
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Nasdaq
American fully electronic stock exchange
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Morgan Stanley
U.S. investment bank