The semiconductor industry just got hit with fresh headwinds. The administration has rolled out a 25% tariff on chip shipments routed through the US to international destinations. This move directly impacts hardware costs for data centers and mining operations globally. The increased tariff burden could reshape chip supply chains and potentially affect GPU availability and pricing—factors that ripple across the crypto ecosystem where computational power is mission-critical. Market participants tracking hardware costs and operational expenses should monitor how this trade policy unfolds.