Tariffs are back in the headlines, and that matters for your portfolio. With a 10% global tariff still in force and legal fights dragging on, some US exporters look better placed than others, especially those that rely less on imported inputs and sit on solid balance sheets. This article focuses on large, financially robust companies that could be relatively more resilient if trade tensions persist. Below, you will find 3 stocks from a US Tariff-Resilient Exporters screener that appear positively exposed to the current tariff backdrop, along with clear, practical context for each.

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ON Semiconductor (ON)

Overview: ON Semiconductor supplies intelligent power and sensing chips that sit inside electric vehicles, factories, AI data centers and other electronics, helping customers manage energy use, process sensor data and protect circuits. Its products range from power conversion modules to advanced image and infrared sensors used in safety systems and robotics.

Operations: ON Semiconductor generates most of its revenue from the Power Solutions Group at about US$2.9b, followed by the Analog & Mixed-Signal Group at about US$2.2b and the Intelligent Sensing Group at about US$0.9b, with sales spread across Hong Kong, Singapore, the US, the UK and other regions.

Market Cap: US$45.4b

ON Semiconductor sits at the center of two powerful themes that matter for tariffs and growth: high value US-based chip production and rising demand from EVs and AI data centers. Its focus on silicon carbide power devices and image sensing has attracted large auto and renewable energy customers. Management highlights a manufacturing footprint that gives flexibility if trade rules keep shifting, and recent guidance has assumed no material direct impact from tariffs so far. At the same time, the stock trades on a high P/E with earnings forecasts doing a lot of heavy lifting, and the company has reported recent losses and significant insider selling, so you need to weigh the tariff and AI upside against execution risk in margins, capacity use and EV demand.

ON Semiconductor’s tariff and AI story looks powerful, but the real tension is whether the current P/E and recent losses still add up, so review the 1 key reward and 2 important warning signs and see what might be missing

Kulicke and Soffa Industries (KLIC)

Overview: Kulicke and Soffa Industries supplies the tools and consumables that chip makers and electronics manufacturers use to assemble semiconductors, LEDs and sensors, from ball and wedge bonders to advanced packaging and thermocompression systems. Its equipment sits behind many of the memory, power and high performance computing chips that feed into AI, EVs and consumer devices.

Operations: Kulicke and Soffa generates most of its revenue from Ball Bonding Equipment at about US$437.5m, followed by Aftermarket Products & Services at about US$166.7m, Advanced Solutions at about US$68.6m, Wedge Bonding Equipment at about US$76.4m and other activities at about US$19.0m, with China reported as a major market at about US$462.9m.

Market Cap: US$5.9b

Kulicke and Soffa is positioned as a tariff resilient exporter, with Singapore based manufacturing and US led engineering that help it avoid many direct 10% tariff costs while still serving high utilization memory and general semiconductor customers. Recent earnings growth has been very strong, and guidance indicates solid revenue and EPS expectations. At the same time, the stock trades on a rich P/E with a history of volatile earnings, a large recent one off loss and meaningful insider selling, which raises questions about how much optimism is already reflected in the price. For investors, the key consideration is how the advanced packaging ramp, dividend stream and trade exposure compare with the valuation and execution risk.

Rapid earnings swings and a rich P/E suggest something is masking the full story at Kulicke and Soffa. Before you decide how durable this setup really is, read the 2 key rewards and 2 important warning signs

Advanced Energy Industries (AEIS)

Overview: Advanced Energy Industries provides precision power conversion, measurement, and control systems that sit at the heart of semiconductor tools, AI data centers, industrial production lines, and medical equipment, helping customers deliver highly stable power and tightly controlled temperatures. The company also supports customers with calibration, upgrades, refurbishments, and repair services via a mix of direct sales, channel partners, and distributors from its Denver, Colorado base.

Operations: Advanced Energy generates about US$1.9b in revenue from Power Electronics Conversion Products, serving customers across regions including Mexico, the United States and other international markets.

Market Cap: US$12.95b

Advanced Energy sits at the crossroads of AI data centers and advanced semiconductor equipment, with earnings forecast to grow 35.62% per year and revenue tied to long term secular demand rather than short product cycles alone. Courts allowing 10% global tariffs to stay in place while cases continue to progress actually play to its strengths, because most revenue is generated abroad while manufacturing in Mexico and other lower tariff locations limits imported input risk. Management reports that tariff headwinds are manageable. At the same time, the stock trades on a rich 70.3x P/E and relies heavily on a few large hyperscale and semiconductor customers, so concentration, valuation and funding structure are key factors to weigh against the growth narrative and margin targets that investors are monitoring closely.

Advanced Energy’s AI and semiconductor exposure with earnings forecast to grow 35.62% a year is only half the story, so scan the analyst forecasts for Advanced Energy Industries and see what its reliance on a few big customers could really mean.

The three stocks covered here are just a starting point, with the full US Tariff-Resilient Exporters screener revealing 37 more large cap US exporters and financially solid companies that share similarly compelling tariff resilience and growth narratives. Use Simply Wall St to identify and analyze the specific catalysts, balance sheet strength and earnings profiles that matter most to you so you can focus on the highest conviction ideas within this theme.

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Seeking Fresh Alternatives Beyond Tariff Plays?

Some stocks are building quiet momentum while others risk being caught dropping before most investors notice. Scan fresh ideas that may be under the radar for now, then decide how they might fit your strategy.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.