TMTPOST -- Apple, Alphabet, and other leading Silicon Valley tech firms experienced a rebound on Monday after the Trump administration confirmed that electronic products, including semiconductors and smartphones, are exempt from the recently announced "reciprocal tariffs." However, the recovery may be short-lived as industry insiders warn that tech companies could soon face significant supply chain and cost adjustments. Secretary of Commerce Howard Lutnick told ABC News on Sunday that electronic goods could eventually be included in tariffs impacting the semiconductor sector—possibly within the next month or two. Following the guidance, Apple’s stock rose 2% to $202.52 per share on Monday, recovering from a sharp decline that occurred earlier this month when tariffs were first announced. Similarly, shares of Alphabet’s parent company and chip maker AMD increased by 1% in early trading.