Yikes.

Does he not know everything’s computer?

If ever there was a time to chicken out, this is that time. This would outright crash the tech economy. This would suggest a price increase of 50% on the already eye-watering Nvidia pricing and nearly that on smartphones. It is difficult not to take this as a shameless attempt to manipulate either the corporations or the stock market or both.

NVDA is up after this news, no one believes the orange guy anymore re: tariffs.

Edit: seems like there are no tariffs if you commit to manufacturing in the US, hence Apple’s announcement about a Corning Glass plant for iDevice screen glass in Kentucky today ;)

Samsung and TSMC will be exempt, Apple’s glass plant will exempt them, Intel is obv exempt, I’m pretty sure global foundries and TI are as well.

That doesn’t leave a whole lot of players left to tariff. Seagate has US production and is currently expanding it, at least in Bloomington, MN; does Micron manufacture in the US? Do medical device makers like Boston Scientific and Medtronic make their own semiconductors?