Tech Titles Sale Could Begin If China's Trade War Worsens

But some analysts believe that the risk of trade war is greater and that other technological names related to China could be in danger. Fees should affect businesses unevenly, but analysts insist that their impact will not be clear.

"The belief that Apple is somehow immune to this is delusional … Who can say that China does not put tariffs on Apple?" said Peter Boockvar, chief investment strategist at Bleakley Advisory Group. "Some analysts have expressed concern that US companies could be boycotted or imposed regulations or other problems, even if they are not affected by tariffs."

"China will clearly fight back, it's not going to be good for the market, the real problem is as hard as the rhetoric says.Most tariffs do not directly affect consumers, but that will and retaliation After the farmer, now they go after the consumer, "said Art Hogan, chief market strategist at B. Riley FBR.

Hogan said it was logical that the consumer be hit next. "That's what we're trying to put on the market … A lot of the manufacturing comes from Asia, it would be an import, it could be priced, and we're exporting our technology. It's made of iPhones. " and largely built there. When he comes back, it is an import again. It is a fairly complicated supply chain. We certainly import more than we export.

However, Scott Kessler, head of equity research at CFRA, does not expect most technology names to have a major impact on rates. "There is no doubt that there will be problems, for most companies it is relatively minimal, there are a few exceptions, Apple is probably a notable exception, and about a quarter of its revenue comes from China, but I think it's not as much As a problem for the technology sector, it's more for many other sectors. "

Kessler said that stricter regulation of mergers could be an impact on the sector, which means that Chinese buyers could be faced with even tighter control if they were looking to buy an American chip maker. Qualcomm's plan to acquire NXP Semiconductors, meanwhile, failed after Chinese regulators did not approve the $ 43 billion merger.