Share prices for Big Tech’s Magnificent Seven and major chipmakers rose on Thursday after a wave of welcome news for investors.

Price increases are becoming the norm amid Trump's tariff policies, even as the president clashes with companies like Apple and Walmart.

Trump advisor Kevin Hassett has played down the "tiny little tariff" on firms such as Apple and strangely insists consumers won't pay more for iPhones.

Related: Trump delivers another huge tariff surprise He’s also been going after one particular business pretty hard: Apple. The president is very committed to convincing Apple to manufacture iPhones in the United States,

Samsung's Galaxy smartphones may see price increases of 30-40% in the US if proposed tariffs on foreign-manufactured phones are enacted.

Major China-listed Apple suppliers including Luxshare , Goertek and Lens Tech opened sharply lower on Monday after U.S. President Donald Trump threatened tariffs on imported iPhones.

With Alphabet losing against the U.S. Department of Justice in multiple antitrust cases, the writing may be on the wall for Apple's lucrative deal with the search giant. Apple receives around $20 billion annually from Google to make Google the default search engine on its devices.