Nvidia confirmed that his CEO Jensen Huang discussed with US President Donald Trump about US technology and AI leadership.
“We appreciated the chance to fulfill President Trump and to debate the semiconductor and AI policy. Jensen and the President discussed the importance of strengthening the US technology and the KI leadership, ”said a spokesman for Nvidia.
The meeting took place today and unintentionally takes place someday before Trump to impose products on products reminiscent of semiconductor chips.
At the start of this week, Trump demanded tariffs on foreign computer chips, semiconductors and pharmaceuticals from places reminiscent of Taiwan within the near future.
In the speech of the House GOP output conference in Miami, Trump said that the manufacturers don’t need an incentive to construct their chip factories within the USA
The effects of such tariffs could possibly be huge. The Consumer Technology Association, the lobby group for the US electronics industry, warned that the tariffs could cover the fee of game consoles from the a whole lot of dollars to $ 1,000.
“In the near future, we are going to place tariffs for foreign productions of computer chips, semiconductors and pharmaceuticals to return the production of those essential goods to the United States of America,” said Trump. “By the way in which, they left us and went to Taiwan, which is about 98% of the chip business. And we would like you to return back and we won’t provide you with billions of dollars like this ridiculous program that has bidden. “
The non-partisan-partisan chips & science law ensured subsidies of $ 52 billion in order that firms could construct factories within the US Intel, TSMC, coherent and analogous devices, the subsidies from the bidden Administration received.
Give all billions of dollars. You have already got billions of dollars. You don’t have anything but money. They didn't need money, ”said Trump. “They needed an incentive. And the motivation will probably be that you simply don't need to pay 25, 50 and even 100% tax. You will construct the factory along with your own money. We don't have to present you money. You will are available since it is nice so that you can are available. They give them money they usually don't know what to do with it. “
Thanks to the incentives and never the tariffs, the SIA said this month that the chips and science act is on the correct track to strengthen American production, to create jobs, to advertise economic growth and to advertise national security. The manufacturing incentives of the law have triggered significant announcements within the United States, the group said. Intel said this week that it received greater than 2 billion US dollars in accordance with the law.
“In fact, firms have announced within the semiconductor ecosystem 90 latest projects The chips and science act was introduced within the US states in 28 US states. These announced projects will create greater than 58,000 jobs within the semiconductor ecosystem and support a whole lot of hundreds of additional US workstations in all the US economy.
A SIA Boston consulting group report released Last May, the United States of 2022 – if the law was issued – will triple the project of 203% of the world's largest percentage increase on this planet until 2032. The report also predicted that America will probably be recorded over 1 / 4 (28%) of the full global investment expenditure from 2024 to 2032.
During the CES 2025, the Consumer Technology Association explained that the proposed tariffs could increase the costs for laptops and tablets by 46%, game consoles by 40%and smartphones by 26%.
