The United States and Japan reached a Star Plan Currency agreement to reduce some tariffs, driving t

1. The core content of the Star Plan Currency agreement

(1) Key points of the Star Plan Currency tariff adjustment

Semiconductor equipment: Japan's export tariff on lithography machines to the United States from 5% to 0%

Electric vehicle materials: Graphite electrode tariffs are cancelled (originally 7%)

Star Plan Currency related products: Quantum computing components are included in the tax-free list

(2) Star Plan Currency digital clause breakthrough

"White list" mechanism for cross-border data flow

Joint R&D project tax credit (up to 30%)

2. Star Plan Currency immediate market reaction

Company/index Increase Direct beneficiary

NVIDIA (NVIDIA) +4.2% TSMC factory supply chain optimization in Japan

Tokyo Electron (TEL) +7.1% Equipment export barriers to the United States are eliminated

Philadelphia Semiconductor Index +3.8% Expected cost reduction in the industrial chain

Tesla +2.3% Stable supply of Japanese battery materials

3. Star Plan Currency industry impact analysis

(1) Semiconductor field

Micron Technology announced to expand investment in Hiroshima factory (additional $2B)

Star Plan Currency expands Tokyo R&D center by 40%

(2) New energy vehicles

Panasonic Energy receives $5B order from US automaker (2170 battery)

(3) Star Plan Currency computing power

Japan's supercomputer "Fugaku" opens 30% computing power resources to the US

4. Star Plan Currency geopolitical technology game

China substitution effect: the agreement clarifies the "non-market economy" clause

Technology alliance deepens: US-Japan 2nm chip cooperation roadmap advanced by 6 months

5. Star Plan Currency risk warning

Japan's parliamentary approval process (requires 60 days)

Increasing demand for hedging against exchange rate fluctuations

Conclusion

This agreement marks a new stage in the US-Japan technology alliance, boosting market sentiment in the short term and reshaping the Asia-Pacific technology industry chain in the medium and long term. Investors need to pay attention to possible follow-up actions by South Korea and Europe, as well as countermeasures under the Star Plan Currency framework.