US plans Big Tech carve-out from next chip tariffs, FT reports
The US is reviewing plans to exempt big tech companies from upcoming semiconductor tariffs, according to FT.
February 9 (Reuters) - The Trump administration plans to exempt semiconductors needed by companies like Amazon, Google, and Microsoft to build artificial intelligence (AI) data centers from future tariffs, according to the Financial Times citing sources on Monday.
The exemption would be provided by the Commerce Department and would be linked to Taiwan's TSMC (Taiwan Semiconductor Manufacturing Company) investment commitment, the report added.
The plan remains fluid and has not been signed by President Trump, the Financial Times reported, citing administration officials.
===
Investing.com article translated with Google Chrome.
