‘The threat of the US kneecapping itself is real’: tech insiders voice fears over global AI race

News Snapshot:

Donald Trump’s global tariff regime is endangering his ambitions of encouraging domestic chip production while hampering US goals of dominating the race to develop world-beating artificial intelligence. Industry insiders, including tech executives, supply chain experts and analysts, say the US president’s escalating trade war is likely to hinder the expansion of American computing power. This is because the measures may drive up costs for building semiconductor fabrication plants and AI data centres in the US. The tech sector’s concern is that the effort to force greater onshoring of the chip and electronics manufacturing will have the unintended effect of holding...