Notice of Request for Public Comments on Section 232 National Security Investigation of Imports of Semiconductors and Semiconductor Manufacturing Equipment
BIS ruleInvestigation openedFederal Register 25/04/16Open the original
Summary
The Secretary of Commerce opened a Section 232 investigation on April 1, 2025, into imports of semiconductors, semiconductor manufacturing equipment and their derivative products, and BIS requests comments by May 7, 2025.
By industry
- Semiconductors & CHIPS Act1 trading day−1.3%p15 stocks5 trading days+1.1%p15 stocks20 trading days+16.4%p15 stocks
“National Security Investigation of Imports of Semiconductors and Semiconductor Manufacturing Equipment”
Day by day after the announcement
| Day | Semiconductors & CHIPS Act stocks | S&P 500 |
|---|---|---|
| 25/04/15 | 0.0% | 0.0% |
| 25/04/16 | −3.2% | −1.9% |
| 25/04/17 | −3.6% | −1.3% |
| 25/04/21 | −5.1% | −4.0% |
| 25/04/22 | −2.6% | +0.3% |
| 25/04/23 | +1.4% | +0.3% |
| 25/04/24 | +6.9% | +2.6% |
| 25/04/25 | +7.8% | +3.0% |
| 25/04/28 | +7.6% | +2.8% |
| 25/04/29 | +6.1% | +3.3% |
| 25/04/30 | +7.3% | +4.3% |
| 25/05/01 | +6.8% | +4.2% |
| 25/05/02 | +10.6% | +5.9% |
| 25/05/05 | +9.3% | +5.2% |
| 25/05/06 | +8.2% | +5.2% |
| 25/05/07 | +10.1% | +4.8% |
| 25/05/08 | +11.8% | +5.5% |
| 25/05/09 | +13.9% | +5.5% |
| 25/05/12 | +22.6% | +9.0% |
| 25/05/13 | +25.8% | +9.7% |
| 25/05/14 | +26.1% | +9.7% |
Korean stocks in these industries
- Samsung Electronics 005930
- SK hynix 000660
- SKC 011790
Trades in these industries around the announcement
Members' and insiders' trades in the industries' stocks, 30 days before to 30 days after.
- Gary E. Dickerson
BuyApplied Materials
BuyApplied Materials
AMAT
$6.7M
48,581 sh
$6.7M
Filed 25/04/07
Traded 25/04/03
- Gary E. Dickerson
BuyApplied Materials
BuyApplied Materials
AMAT
$195.4K
1,419 sh
$195.4K
Filed 25/04/07
Traded 25/04/03
- Ava Harter
BuyLam Research
BuyLam Research
LRCX
$602
9.46 sh
$602
Filed 25/08/06
Traded 25/04/08
- Colette Kress
Sell10b5-1 planNvidia
Sell10b5-1 planNvidia
NVDA
$4.7M
39,963 sh
$4.7M
Filed 25/03/21
Traded 25/03/21
- Julia Letlow
BuyMicron Technology
BuyMicron Technology
MU
$1K–$15K
Self
$1K–$15K
Reported 01/13
Traded 25/04/14
- Colette Kress
Sell10b5-1 planNvidia
Sell10b5-1 planNvidia
NVDA
$2.7M
22,950 sh
$2.7M
Filed 25/03/21
Traded 25/03/21
- Sheldon Whitehouse
Partial saleNvidia
Partial saleNvidia
NVDA
$15K–$50K
Spouse
$15K–$50K
Reported 25/05/13
Traded 25/04/14
- Colette Kress
Sell10b5-1 planNvidia
Sell10b5-1 planNvidia
NVDA
$441K
3,747 sh
$441K
Filed 25/03/21
Traded 25/03/21
- John Boozman
BuyNvidia
BuyNvidia
NVDA
$1K–$15K
Joint
$1K–$15K
Reported 25/06/14
Traded 25/05/13
- April S. Arnzen
Sell10b5-1 planMicron Technology
Sell10b5-1 planMicron Technology
MU
$1.4M
15,000 sh
$1.4M
Filed 25/03/27
Traded 25/03/25
- Aarti S. Shah
Sell10b5-1 planNvidia
Sell10b5-1 planNvidia
NVDA
$1.1M
9,224 sh
$1.1M
Filed 25/03/21
Traded 25/03/20
- Aarti S. Shah
Sell10b5-1 planNvidia
Sell10b5-1 planNvidia
NVDA
$1M
8,476 sh
$1M
Filed 25/03/21
Traded 25/03/20
- John Boozman
Partial saleApplied Materials
Partial saleApplied Materials
AMAT
$1K–$15K
Joint
$1K–$15K
Reported 25/05/14
Traded 25/04/16
- John Boozman
Partial saleLam Research
Partial saleLam Research
LRCX
$1K–$15K
Joint
$1K–$15K
Reported 25/05/14
Traded 25/04/16
- John Boozman
BuyApplied Materials
BuyApplied Materials
AMAT
$1K–$15K
Joint
$1K–$15K
Reported 25/04/20
Traded 25/03/19
- Richard P. Wallace
Sell10b5-1 planKla
Sell10b5-1 planKla
KLAC
$7.4M
10,802 sh
$7.4M
Filed 25/05/08
Traded 25/05/06
- Bren D. Higgins
Sell10b5-1 planKla
Sell10b5-1 planKla
KLAC
$5.1M
7,008 sh
$5.1M
Filed 25/03/27
Traded 25/03/25
- Mark D. Papermaster
Sell10b5-1 planAdvanced Micro Devices
Sell10b5-1 planAdvanced Micro Devices
AMD
$1.1M
9,610 sh
$1.1M
Filed 25/05/19
Traded 25/05/15
- Katie Britt
BuyNvidia
BuyNvidia
NVDA
$1K–$15K
Spouse
$1K–$15K
Reported 01/26
Traded 25/04/30
- Katie Britt
BuyNvidia
BuyNvidia
NVDA
$1K–$15K
Spouse
$1K–$15K
Reported 01/26
Traded 25/04/14