Trump administration plans tariffs on semiconductors, impacting US hardware and AI companies
The potential introduction of semiconductor tariffs follows delayed US chip manufacturing growth, despite substantial CHIPs Act funding
The semiconductor industry is experiencing significant developments as President Donald Trump announced on CNBC's Squawk Box that his administration plans to introduce tariffs on semiconductors and chips, potentially as soon as next week. However, the details of these tariffs remain unspecified. This move could have profound implications for U.S. hardware and AI companies.
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