Trump administration extends tariff pause on Chinese-made chips for 90 days

The Trump administration has extended a tariff exemption for Chinese-made chips until August 31. This exemption, originally set to expire, applies to a variety of products, notably GPUs vital for artificial intelligence.

The extension comes amid considerations for new import taxes on semiconductors.

While Trump has implemented broad tariffs during his second term, he has paused many due to market concerns.

Recent actions include a national security investigation into semiconductor imports, potentially leading to sector-specific tariffs under Section 232.

The imposition of these tariffs could complicate operations for tech companies reliant on global supply chains.

Nvidia is taking steps to bolster its U.S. operations, investing $500 billion in AI infrastructure.