Tech CEO’s From Hp, Intel, IBM, and Qualcomm to Meet Trump this Monday Amid Tariff Chaos.

Tech CEO’s From Hp, Intel, IBM,
and Qualcomm to Meet Trump this Monday Amid Tariff Chaos.
A group of top executives from HP Inc., Intel Corp., International Business Machines Corp., and Qualcomm Inc. are expected to have a meeting with the administration on Monday, according to sources familiar with the discussions. These individuals, who requested anonymity due to the sensitive nature of the plans, indicated that trade policy and U.S. manufacturing would be key discussion topics.

HP confirmed its attendance, with a company representative stating, “Some of the topics top of mind for our leadership team are trade policy and U.S. manufacturing.” Spokespeople for Intel, IBM, and Qualcomm declined to comment, while the White House did not immediately respond to inquiries.

The administration’s policies, including tariffs and stricter export regulations, pose significant challenges for the tech industry. Tariffs could increase production costs in key manufacturing hubs like China, potentially disrupting supply chains. Meanwhile, tech firms seek clarity on potential restrictions on exporting advanced artificial intelligence technology, which is increasingly in demand for data centers worldwide.

Trump has reiterated his commitment to imposing tariffs on major trade partners, arguing they are necessary to correct perceived imbalances. However, such measures could complicate the electronics industry’s reliance on global supply chains, which have historically driven efficiency.

Additionally, the administration is formulating an AI action plan aimed at maintaining and strengthening U.S. leadership in the field, with public input being solicited for the initiative.

The president has also urged Congress to repeal the 2022 Chips Act, a bipartisan law that provides billions in incentives to companies like Intel and Taiwan Semiconductor Manufacturing Co. (TSMC). “Your Chips Act is a horrible, horrible thing,” Trump said during an address to Congress, calling on House Speaker Mike Johnson to overturn the legislation. Senate Democratic Leader Chuck Schumer, who helped negotiate the act, predicted that Trump’s effort would not succeed.

In a separate development, Trump hosted an event with TSMC, where the company pledged an additional $100 billion in U.S. investments. The administration has pointed to this commitment as evidence that tariffs, rather than government incentives like the Chips Act, can drive domestic semiconductor investment.