US plans Big Tech carve-out from next chip tariffs

U.S. President Donald Trump | Photo Credit: KEVIN LAMARQUE

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.

Published on February 10, 2026