President Donald Trump said he would set levies on semiconductors in the coming two weeks, the latest indication he’s readying a substantial expansion of his tariff regime.

Trump suggested steep chip-industry tariffs are coming, but there could be breaks for companies that invest in the U.S. Specifics are still sparse.

U.S. President Donald Trump said on Friday he would announce tariffs on imports of steel and semiconductor chips in coming weeks. "I'll be setting tariffs next week and the week after on steel and on,

Intel's stock climbed Friday, while other chip stocks slid after President Trump told reporters semiconductor tariffs could climb as high as 300%.

Trump also suggests his chip tariffs will start low before ramping up. 'That gives [companies] a chance to come in and build. And very high after a certain period of time.'

U.S. President Donald Trump said Friday his administration will unveil tariffs on semiconductor imports as early as next week, as South Korean tech firms Samsung Electronics Co. and SK hynix Inc. have been carefully watching his tariff policy developments.