AI Industry Blasts Reported Trump Chip Tariff Plan as 'Single Dumbest Way Imaginable'

The tech industry fears Donald Trump may soon announce sweeping new semiconductor tariffs at the worst possible time for AI development. Politico reported that the tariffs, expected in the coming weeks or months, could 'doom' artificial intelligence innovation in the US. According to eight people familiar with the administration's plans, the framework could change, but one idea would greatly expand the number of tech products subject to duties, affecting not only chips but also goods like gaming consoles and data center servers.