Tariffs Could Hurt 5G Deployment in the United States
The US and China (FXI) are leading in the field of 5G (fifth-generation), AI, and IoT. US companies Intel (INTC), Qualcomm (QCOM), and NVIDIA (NVDA) are working closely with Chinese giants like Baidu (BIDU) and Huawei in various aspects of AI and 5G. On the other side, the US government is imposing tariffs on components that are key for 5G deployment.