These 8 companies are adding tariff surcharges. Expect more to follow

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Illustration: Micron

One of the largest chip manufacturers will begin imposing a tariff surcharge, according to a report from Reuters. The company reportedly notified its customers in a letter that while Trump’s announcement last week exempted semiconductors, which account for part of Micron’s (MU) portfolio, the tariffs applied to memory modules and solid-state drives (SSDs).

Kevin O’Marah, co-founder of Zero100 and supply chain strategist, says the tariff surcharge is not surprising. “The low-cost consumer electronics era is cracking: Pricing models built on zero tariffs and global scale are no longer holding,” O’Marah tells Quartz, noting that brands like Framework are already pulling products while others brace for impact behind the scenes.

“Consumers won’t feel it yet — but they will,” O’Marah says. “Once stockpiled inventory runs dry, higher prices will hit shelves fast.”

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