Donald Trump’s administration intends to spare companies including Amazon, Google and Microsoft from forthcoming tariffs on chips as they race to build the data centres powering the AI boom.
The exemption scheme, which would be tied to investment commitments made by Taiwan-based chipmaker TSMC, highlights the US president’s determination to incentivise domestic chipmaking, while offering some relief for so-called hyperscalers that rely heavily on imported semiconductors.
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Donald Trump’s administration intends to spare companies including Amazon, Google and Microsoft from forthcoming tariffs on chips as they race to build the data centres powering the AI boom.
The exemption scheme, which would be tied to investment commitments made by Taiwan-based chipmaker TSMC, highlights the US president’s determination to incentivise domestic chipmaking, while offering some relief for so-called hyperscalers that rely heavily on imported semiconductors.
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Kima — FT social media team