Trump Chip Tariffs; OpenAI and Broadcom Take on Nvidia
September 5, 2025
15 min
Full
1,447 of 1,713
September 5, 2025
Trump Chip Tariffs; OpenAI and Broadcom Take on Nvidia
0:00 / 15:27
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Bloomberg Television Episodes Around September 5, 2025
Episode 1,447 of 1,713 — walk the feed in the order it was published.
15:27This episodeTrump Chip Tariffs; OpenAI and Broadcom Take on Nvidia
Summary
<p>On today’s podcast:</p> <p>1) President Trump teases new semiconductor tariffs at a White House dinner surrounded by tech titans. Mark Zuckerberg and Tim Cook joined other tech industry leaders in touting their pledges to boost spending in the US on artificial intelligence during a dinner hosted by President Trump. The president has secured billions in corporate commitments to drive construction of AI infrastructure, with companies including Meta and Apple announcing plans to invest in the US and avoid tariffs on imports.</p> <p>2) Broadcom is helping OpenAI design and produce an artificial intelligence accelerator from 2026, getting into a lucrative sphere dominated by Nvidia. The two firms plan to ship the first chips in that lineup starting next year, with OpenAI initially using the chip for its own internal purposes.</p> <p>3) Traders brace for today’s US jobs report and signs of further labor weakening. Stocks in the premarket advanced as optimism built that Friday’s jobs report will set the stage for the Federal Reserve to resume cutting interest rates this month. Money markets are fully pricing in a Fed quarter-point cut this month and see at least two by year-end.</p><p>See <a href="https://omnystudio.com/listener">omnystudio.com/listener</a> for privacy information.</p>
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