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Apple, Dell, and Other Tech Stocks Surge on Tariff Exemptions

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Tech stocks surged in premarket trading Monday , after President Donald Trump exempted smartphones, computers, and other consumer electronics from tariffs.

JPMorgan analysts said the exemption would be "a big relief" for Apple , which makes most of its devices in China .

Shares of Apple , Dell Technologies , and chipmakers including Nvidia , Intel , Qualcomm , and Broadcom gained as well.