Chip Titans Plead with Trump to Scrap Tariffs

Major chip companies asked Trump's team to rethink new taxes on computer parts. Intel, Micron, and Qualcomm sent letters to government officials about their concerns. These firms worry the taxes will make their products cost more money. Higher prices could hurt American companies when they compete against foreign rivals. The businesses want special rules that protect their operations.

Intel requested exemptions for computer wafers made inside America and raw materials used for manufacturing. Qualcomm warned that other countries might punish American companies if the taxes go forward. The firm fears losing its lead position in wireless technology and artificial intelligence markets. Micron expressed similar worries about materials, equipment, and finished products. All three companies believe the proposed taxes could backfire.

TSMC from Taiwan also sent comments supporting the American chip makers. The foreign company builds factories in Arizona and wants realistic timelines for any new rules. Qualcomm pointed out that most older computer chips come from China. The company explained that even small supply chain problems could give competitors an advantage. These businesses argue that hasty decisions might damage America's technology leadership.