Citi raises price target for Applied Materials on AI chip gear demand; stock rises

U.S. camera buyers were hit with déjà vu as multiple brands announced price hikes tied to new import tariffs at the close of August ts2.tech. Fujifilm confirmed that effective August 30 it raised U.S. prices across “all products” for the second time in a month, citing “volatile market conditions” and a baseline 15% tariff ts2.tech. In a statement, Fujifilm admitted it “made the business decision to further adjust prices to accommodate for these global changes” ts2.tech. Nikon followed suit with its own increases taking effect September 1, 2025 ts2.tech. “As we continue to navigate the impact of tariffs, a further price adjustment will take effect September 1, 2025…we are taking every possible step to minimize the impact on our community,” Nikon explained in its customer advisory petapixel.com.