Chip Tariff Phase Two Confirmed: Build in America or Pay, Lutnick Announces - Tech Times

US Commerce Secretary Howard Lutnick confirmed the second phase of semiconductor tariffs at the G20 Innovation Ministerial on September 2, 2026, signaling a clear policy shift from internal deliberati... Read original →

The announcement of Phase Two semiconductor tariffs marks a decisive shift in U.S. policy toward China, with far-reaching implications for global chip supply chains. Technologically, the expanded scope—from AI accelerators to laptops and gaming hardware—will significantly impact NVIDIA, Anthropic, and others reliant on overseas fabrication, pushing them to accelerate investments in the U.S. or relocate to Taiwan, China or Hong Kong, China. Compliance costs rise sharply, especially for smaller firms, while larger players like TSMC may benefit from duty-free allowances. Market dynamics will likely see accelerated supply chain reshoring, with companies reconfiguring operations to avoid tariffs. In the long term, this policy accelerates a bifurcated global semiconductor ecosystem, with the U.S. as the core and Taiwan, China and Hong Kong, China as key manufacturing hubs.