According to online reports, two people familiar with the matter said that based on industry calculations discussed with Washington officials and lawmakers last week, U.S. President Trump's new tariffs could cost U.S. semiconductor equipment manufacturers more than $1 billion a year. The three major chip equipment manufacturers in the United States-Applied Materials (AMAT.O) and Fanlin Group (LRXC. O) and KLAC. O) May suffer losses of approximately US$350 million within one year due to tariffs. Smaller competitors like Onto Innovation could also face tens of millions of dollars in additional expenses.