Politico reports tech companies are lobbying the Trump administration to narrow proposed semiconductor tariffs, seeking a scope closer to an earlier plan that granted broad exemptions for data centers and other domestic uses. Lobbyists warn the tarif

2026-08-27

Politico reports tech companies are lobbying the Trump administration to narrow proposed semiconductor tariffs, seeking a scope closer to an earlier plan that granted broad exemptions for data centers and other domestic uses. Lobbyists warn the tariffs would make it harder for US firms to secure the chip volumes needed for AI, slowing data-center expansion. US tech giants are investing record sums in AI, committing hundreds of billions to hyperscale data-center campuses and buying expensive advanced chips. An official at a large tech industry association who served in Trump’s first administration called the proposal “possibly the dumbest way I can think of to pursue US AI dominance,” saying it would be like hobbling yourself at the starting line.

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2026-08-27

1. Up to 30%, Moon's Dark Side is reportedly in talks with US cloud computing giant regarding revenue sharing for the Kimi K3 model. 2. Nvidia's performance exceeded expectations; CFO stated revenue may increase by 70% in fiscal year 2028. 3. Shang

2026-08-27

Federal Reserve's Schmid: There is room to reduce the number of Federal Reserve meetings.