Nvidia expects to take $5.5bn hit as US tightens AI chip export rules to China | Nvidia
Nvidia says it expects a $5.5 billion (£4.1 billion) hit after Donald Trump’s administration banned chip designers from selling important artificial intelligence chips in China. In an official submission late Tuesday, the company said the H20 AI chip, specially designed for the Chinese market to comply with export controls, would require a special license to […]
US tariffs may cost chip equipment makers more than $1 billion, industry estimates
President Trump’s new tariffs could cost semiconductor equipment manufacturers more than $1 billion a year, according to industry calculations discussed with Washington officials and lawmakers last week, two sources familiar with the issue said. Each of the three largest chip equipment manufacturers in the United States (Applied Materials, LAM Research, KLA) could suffer a yearly […]
US begins inquiry into pharmaceutical and chip imports in bid to impose tariffs | Trump administration
The Trump administration has launched an investigation into drug and semiconductor imports as part of its bid to impose tariffs on both sectors for national security reasons, a notice posted Monday showed. The submission, scheduled to be published on Wednesday, marks the 21-day deadline from that date for submission of public comments on the issue, […]
Trump announces semiconductor chip tariffs on foreign electronics
WASHINGTON – President Trump said on Sunday he would announce tariff rates on imported semiconductors next week, adding that some companies in the sector are flexible. The president’s pledge means that the exclusion of smartphones and computers from his mutual tariffs on China is likely to be short-lived as Trump tries to reset trade in […]
China’s chip strategy is ‘Moneyball.’ Ours is ‘Sandlot.’
“Chip War” remains an important domain US-China competition. This clearly applies during the Biden administration, with semiconductor investment becoming the focus of the marquee law. And the emphasis on semiconductors and their competition with China remains under the Trump administration. The field is front and center Ministry of CommerceThe newly announced US investment accelerator. Still, […]
Intel’s new CEO tasked with turning around chip giant
Please see what you are clicking on foxbusiness.com. Intel announced on Wednesday that its new CEO will be at the helm of the chip maker. Next week, when CEO Lip-Bu Tan assumes his position at Intel, he will do his job to stimulate the company and increase his competitiveness. “I'm honored to be part of […]
Chip giant TSMC announces $100B investment in US
Doug O'Loughlin, president of Semiana Schrysis, categorizes the ultimate future of artificial intelligence. The Taiwan Semiconductor Manufacturing Company (TSMC), a major semiconductor manufacturer, announced its $100 billion investment in the US on Monday. TSMC, a Taiwan-based chip maker that builds advanced semiconductors used in smartphones and artificial intelligence (AI) models, announced its investment following a […]
Taiwanese chip giant TSMC to reveal $100B US investment plan: report
TSMC CEO CC WEI is set to announce that Taiwanese semiconductor companies will invest $100 billion in the US to meet with President Trump on Monday, sources told Reuters. Those who have been described on the issue are expected to announce the investment in a meeting with Set at 1:30pm on ET. $100 billion is […]
Chip giant TSMC expected to announce $100B investment in US
Doug O'Loughlin, president of Semiana Schrysis, categorizes the ultimate future of artificial intelligence. The Taiwan Semiconductor Manufacturing Company (TSMC), a major semiconductor company, is set to announce its $100 billion investment on Monday, a White House official told Fox News. TSMC, a Taiwan-based chip maker that builds advanced semiconductors used to power smartphones and artificial […]
TSMC to announce $100B investment in US chip manufacturing
Taiwan Semiconductor Manufacturing Company (TSMC) is scheduled to announce a $100 billion investment in a US chip manufacturing plant on Monday, the White House confirmed. The billions of dollars initially reported by the Wall Street Journal will grow over the next four years. TSMC CEO CC Wei will be in the White House later Monday, […]