AI industry says Trump plans to tax chips in the “single dumbest way imaginable”

I mean, in what other way would he do it, than the single dumbest way imaginable?

arstechnica.com/tech-policy/2026/08/ai-industry-says-trump-plans-to-tax-chips-in-the-single-dumbest-way-imaginable/

That would be the funniest outcome, the entire bubble pops because the idiots in charge still have not figured out how a supply chain works, or what the effects of tariffs are.