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Nvidia plans to manufacture AI chips in the US for the first time

Nvidia plans to manufacture AI chips in the US for the first time

By SARAH PARVINI, AP Technology Writer

LOS ANGELES (AP) — Nvidia announced Monday that it will produce its artificial intelligence super computers in the United States for the first time.

The tech giant said it has commissioned more than one million square feet of manufacturing space to build and test its specialized Blackwell chips in Arizona and AI supercomputers in Texas — part of an investment the company said will produce up to half a trillion dollars of AI infrastructure in the next four years.

“The engines of the world’s AI infrastructure are being built in the United States for the first time,” Nvidia founder Jensen Huang said in a statement. “Adding American manufacturing helps us better meet the incredible and growing demand for AI chips and supercomputers, strengthens our supply chain and boosts our resiliency.”

Nvidia’s announcement comes as the Trump administration has said that tariff exemptions on electronics like smartphones and laptops are only a temporary reprieve until officials develop a new tariff approach specific to the semiconductor industry. read more

Some top tech leaders have embraced Trump. That’s created a political divide in Silicon Valley

Some top tech leaders have embraced Trump. That’s created a political divide in Silicon Valley

By NICHOLAS RICCARDI

SAN JOSE, Calif. (AP) — Like many in the tech industry, Jeremy Lyons used to think of himself as a relatively apolitical guy.

The only time he had participated in a demonstration before now was in the opening days of Donald Trump’s first presidential term, when he joined fellow Google workers walking out of the company’s Silicon Valley campus to protest immigration restrictions. Google’s co-founder and its chief executive officer joined them.

Last weekend was Lyons’ second, also against Trump, but it had a very different feel.

The man directing thousands of marchers with a bullhorn in downtown San Jose on April 5 was another tech worker who would not give his full name for fear of being identified by Trump backers. Marchers were urged not to harass drivers of Tesla vehicles, which have gone from a symbol of Silicon Valley’s environmental futurism to a pro-Trump icon. And no tech executives were anywhere to be seen, only months after several had joined Trump at his January inauguration. read more

Should you use a HELOC in a financial emergency?

Should you use a HELOC in a financial emergency?

As a homeowner, you likely have a lot more equity in your house than you did just a few years ago.

U.S. homeowners gained almost $3 trillion in equity in the fourth quarter of 2024 compared to the previous year, according to data from the Federal Reserve Bank of St. Louis.

While your home equity shouldn’t be the first place you go to cover a cash shortfall, a home equity line of credit (HELOC) can be a useful resource in a short-term financial crisis.

How to know if a HELOC is the best move for your emergency

Before applying for a HELOC, consider whether it makes the most sense for your financial situation. HELOCs and other home equity products use your home as collateral, meaning you could lose it to foreclosure if you can’t keep up with your monthly payments.

If your emergency poses a long-term threat to your financial stability, a HELOC may be more risk than reward. However, if there’s a clear end in sight and you just need to get over an expensive hill, a HELOC could be the right move.

For example, you could be planning a leave of absence from work for medical reasons but know that you’ll return within a few weeks or months. Even with emergency savings and insurance, you could find yourself in a “short-term cash crunch,” says Thomas Carson McLean, certified financial planner and founder of Altruist Wealth Management in Charlotte, NC. In this case, a HELOC could act as a financial bridge until you’re back to work. read more

Are my income taxes due April 15? Don’t worry, Florida residents have more time.

Are my income taxes due April 15? Don’t worry, Florida residents have more time.

The deadline to file your taxes is April 15. But not if you live in Florida.

The Internal Revenue Service extended the deadline here to May 1 because of a series of hurricanes that slammed the state — Debbie in August and then the two-fer Helene and Milton two weeks apart in September and October.

The new May 1, 2025, tax filing deadline date, rather than the traditional April date this year, applies to people and businesses who live or are based anywhere in Florida, not just the counties that got hit from the 2024 storms.

The reprieve covers the following entities who traditionally must file by April 15: individual, corporate and estate and trust income tax returns. Also, partnership returns, S corporation returns, gift, and generation-skipping transfer tax returns; annual information returns of tax-exempt organizations and employment and certain excise tax returns.

If you plan to mail your return, wisit usps.com for regular business hours of post offices. There are no plans for extended hours on either date — April 15 or May 1, but some post offices regularly are open after 5 p.m. said Postal Service spokeswoman Debbie Fetterly in an email to the Miami Herald.. read more

Are my income taxes due April 15? Don’t worry, Florida residents have more time.

Are my income taxes due April 15? Don’t worry, Florida residents have more time.

The deadline to file your taxes is April 15. But not if you live in Florida.

The Internal Revenue Service extended the deadline here to May 1 because of a series of hurricanes that slammed the state — Debbie in August and then the two-fer Helene and Milton two weeks apart in September and October.

The new May 1, 2025, tax filing deadline date, rather than the traditional April date this year, applies to people and businesses who live or are based anywhere in Florida, not just the counties that got hit from the 2024 storms.

The reprieve covers the following entities who traditionally must file by April 15: individual, corporate and estate and trust income tax returns. Also, partnership returns, S corporation returns, gift, and generation-skipping transfer tax returns; annual information returns of tax-exempt organizations and employment and certain excise tax returns.

If you plan to mail your return, wisit usps.com for regular business hours of post offices. There are no plans for extended hours on either date — April 15 or May 1, but some post offices regularly are open after 5 p.m. said Postal Service spokeswoman Debbie Fetterly in an email to the Miami Herald.. read more