Connect with us
https://tickernews.co/wp-content/uploads/2023/10/AmEx-Thought-Leaders.jpg

Tech

Trump proposes 100% tariff on foreign computer chips

Trump plans 100% tariff on foreign computer chips, threatening prices of electronics while encouraging domestic manufacturing investments

Published

on

Trump plans 100% tariff on foreign computer chips, threatening prices of electronics while encouraging domestic manufacturing investments

video
play-sharp-fill
In Short:
– Trump announced a 100% tariff on foreign computer chips, exempting US manufacturers.
– Apple plans to invest $100 billion in US manufacturing while concerns rise for countries dependent on semiconductors.
Donald Trump announced a 100% tariff on foreign computer chips, potentially increasing costs for electronics and other essential goods.
During a meeting with Apple CEO Tim Cook, Trump stated, “We’ll be putting a tariff on of approximately 100% on chips and semiconductors.” He added that companies manufacturing in the US would be exempt from this tariff.Banner

The move comes as Trump and Cook discussed Apple investing $100 billion in US manufacturing over four years, on top of a previous $500 billion commitment. Although Apple primarily manufactures abroad, these investments aim to boost domestic production.

The Taiwan Semiconductor Manufacturing Company (TSMC) and South Korea’s Samsung Electronics and SK Hynix will be exempt from the tariff, as confirmed by official statements. Nvidia is also expected to be exempt due to its US facilities.

Concerns have been raised about the impact on countries heavily reliant on semiconductor exports, such as the Philippines.

Tariff Overview

Trump’s tariff signals a shift from prior strategies aimed at encouraging chip production through funding and incentives, like the bipartisan Chips and Science Act signed into law by Joe Biden in 2022. This new approach may raise costs for consumers while pushing companies to establish domestic operations.


Download the Ticker app

Ahron Young is an award winning journalist who has covered major news events around the world. Ahron is the Managing Editor and Founder of TICKER NEWS.

Tech

OpenAI and Anthropic launch faster, smarter AI tools for enterprise coding

OpenAI and Anthropic launch advanced coding models, revolutionizing enterprise software development and intensifying the AI tooling competition.

Published

on

OpenAI and Anthropic launch advanced coding models, revolutionising enterprise software development and intensifying the AI tooling competition.

OpenAI and Anthropic have unveiled powerful new AI coding models aimed at transforming enterprise software development. GPT-5.3 Codex operates 25% faster than its predecessor, tackling complex tasks and following real-time directions without losing context.

Claude Opus 4.6 introduces ‘agent teams’, allowing multiple AI agents to work on tasks simultaneously. The update also includes a one-million-token context window, enabling large volumes of text and code to be processed in a single prompt.

GitHub now supports multiple coding agents, letting developers compare AI approaches on the same problems. Both OpenAI and Anthropic are pushing for enterprise adoption, highlighting the potential for professional applications across industries.

Subscribe to never miss an episode of Ticker – https://www.youtube.com/@weareticker

#AI #MachineLearning #TechNews #EnterpriseTech #OpenAI #Anthropic #SoftwareDevelopment #Coding


Download the Ticker app

Continue Reading

Tech

Nvidia and Amazon explore massive OpenAI funding round

Nvidia CEO downplays $100B OpenAI investment, as Amazon eyes $50B stake in AI startup

Published

on

Nvidia CEO downplays $100B OpenAI investment, as Amazon eyes $50B stake in AI startup

video
play-sharp-fill
In Short:
– OpenAI aims to raise up to $100 billion, with Amazon considering a $50 billion investment.
– Funding will support Project Stargate and address projected losses of $14 billion by 2026.

Nvidia’s CEO has confirmed the company will participate in a major funding round for OpenAI, though the previously mentioned $100 billion commitment is not final.

This investment comes as OpenAI seeks to raise up to $100 billion, potentially valuing the AI startup at around $830 billion. Amazon is also reportedly in discussions to contribute up to $50 billion.

The funding is intended to support OpenAI’s ambitious $500 billion Project Stargate, aimed at pushing the boundaries of artificial intelligence.

Subscribe to never miss an episode of Ticker – https://www.youtube.com/@weareticker


Download the Ticker app

Continue Reading

News

Big Tech earnings spark investor unease over AI spending

Investors monitor Big Tech’s AI investments, with Meta thriving while Microsoft and Tesla face uncertainty over growth and returns.

Published

on

Investors monitor Big Tech’s AI investments, with Meta thriving while Microsoft and Tesla face uncertainty over growth and returns.

Investors are reacting sharply to Big Tech earnings this week, sending a clear signal that massive spending must translate into real growth. Markets are becoming less forgiving as companies pour billions into artificial intelligence, data centres and future tech while returns remain uncertain.

Meta has delivered a standout performance, posting a 24 percent jump in revenue for the December quarter, fuelled by AI-powered advertising. The company is doubling down on its strategy, with aggressive investment in AI and infrastructure expected to drive a further 33 percent growth this quarter.

Microsoft and Tesla tell a more cautious story. Microsoft reported only modest growth in its Azure cloud business, raising questions about its exposure to OpenAI, while Tesla plans to double spending on AI and autonomous driving. Analysts warn of a widening gap between bold AI ambitions and what investors expect in returns.

Subscribe to never miss an episode of Ticker – https://www.youtube.com/@weareticker
Download the Ticker app

Continue Reading

Trending Now