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US plans Big Tech carve-out from next chip tariffs, FT reports

Written By: TDG Syndication
Last Updated: February 10, 2026 08:05:12 IST

Feb 9 (Reuters) – U.S. President Donald Trump's administration plans to spare firms such as Amazon, Google and Microsoft from upcoming tariffs on chips as they build AI data centers, the Financial Times reported on Monday, citing people familiar with the matter. The carve-outs would be provided by the Commerce Department and tied to investment commitments made by the Taiwan Semiconductor Manufacturing Company, the report added. Plans are in flux and had not been signed by Trump, the Financial Times cited an administration official as saying. TSMC, the world's largest contract chipmaker, is investing $165 billion to build factories in the U.S. state of Arizona. (Reporting by Costas Pitas; Editing by Caitlin Webber and Chris Reese)

(The article has been published through a syndicated feed. Except for the headline, the content has been published verbatim. Liability lies with original publisher.)

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