The Trump administration is weighing a second round of semiconductor tariffs that could eliminate data-center, startup and consumer-device exemptions and extend duties beyond chips to servers, laptops and gaming consoles. Commerce Secretary Howard Lutnick reportedly favors linking tariff relief for foreign companies to U.S. chip-manufacturing investment, while officials have also discussed a phase-in period. Technology companies warn broader duties could raise AI hardware costs and slow data-center construction. The White House called the coverage baseless speculation unless officially announced and said it is pursuing a nimble, nuanced, and multi-faceted approach to bring critical manufacturing back to the United States. Broadcom shares fell 1.52% to $365.89 on Friday as tariff uncertainty pressured semiconductor names; Technology was the worst-performing sector, down 1.31%, while the S&P 500 slipped 0.14%. AMD shares fell about 1%, and Dell Technologies declined 1.56% to $464.90.