Track how companies discuss tariffs and trade policies in their earnings calls, and understand their impact across different industries and regions.
Although our business has not been materially impacted by the tariff landscape to date, based on what we know today, we have assumed a range of $0.01 to $0.02 of tariff impact in the back half of the year in our outlook.
I saw an article this morning where Mary Barra commented positively on tariffs.
we are seeing both a cumulative impact of the restrictions in China as well as the macro situation inside China
We absorbed some incremental tariff costs.
We expect that any incremental tariff costs we incur will be absorbed in our continuously improving back end life cycle economics.
As a rule of thumb, we feel that the majority of tariffs will be something that our customers will accept.
Losing access to the China AI accelerator market, which we believe will grow to nearly $50 billion, would have a material adverse impact on our business going forward.
Now having said that, we've seen no evidence of that so far.
the ongoing uncertainty and volatility in the economic environment related to trade policies.
However, due to additional tariff costs that could not be fully mitigated in the quarter, our non-GAAP operating profit fell short of expectations.