"(CNN) President Donald Trump enacted a new 25% tariff on certain advanced computing chips on Wednesday, according to a White House fact sheet. That includes Nvidia's H200 chip and AMD's MI325X. However, chips imported to support building up the US technological supply chain would be exempt. It's unclear, though, what criteria would need to be met to qualify for the exemption. The White House did not immediately respond to CNN's inquiry."
"The White House fact sheet also warned that the president in the near future may impose broader tariffs on imports of semiconductors and their derivative products. The move comes amid Trump's broad push to boost technology manufacturing in the United States and cement the US as a leader in AI. Nvidia, whose chips are vital to powering the data centers fueling AI services, has been at the center of the AI boom, thrusting CEO Jensen Huang into Trump's orbit."
President Donald Trump enacted a 25% tariff on certain advanced computing chips, including Nvidia's H200 and AMD's MI325X. Imports intended to support building the US technological supply chain are exempt, but the criteria for those exemptions remain unclear. The White House warned that broader tariffs on semiconductors and their derivative products could follow. Trump invoked national security concerns and Section 232 of the Trade Expansion Act to justify the action. Nvidia noted that offering H200 to approved commercial customers vetted by the Department of Commerce supports US manufacturing, and AMD emphasized compliance with US export controls. Trump previously threatened 100% levies with domestic-build exemptions.
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