India, April 11 -- Trump may have hit the brakes on tariffs for 90 days, but concerns still linger. If they go into effect later, chipmakers like Intel and TSMC could face 20% higher costs for ASML gear if they plan to use it in U.S. fabs, according to BITS & CHIPS.

The BITS & CHIPS report highlights that while many semiconductors dodged the 20% EU tariff announced by Trump last week, chipmaking equipment didn't make the exemption list, which could lead to rising costs for semiconductor giants expanding in the U.S.

Analysts cited by Commercial Times estimate that out of TSMC's $100 billion U.S. investment announced in March, around $65 billion will likely go to chipmaking equipment. With EU and Japan tariffs potentially at 20-24%, TSMC ...