Julie Morgan

This includes Amazon, Google, and Microsoft as they race to build the data centers powering the AI boom.

People familiar with the matter told the Financial Times that the Commerce Department is planning to provide U.S.

hyperscalers with tariff carve-outs, which would be tied to investment commitments made by Taiwan Semiconductor Manufacturing Company.

Trump has used the threat of tariffs to push for more U.S.

manufacturing, but the report said the administration has stopped short of applying broad tariffs on semiconductors from Taiwan, which would rock big tech's AI supply chain.

The new scheme would allow TSMC to allocate exemptions for its U.S.

customers from its next set of tariffs.

The complex plan is intended to push TSMC to shift more production to the U.S.

TSMC has pledged to invest $165 billion in building capacity in the U.S.

An administration official briefed on the plans cautioned they were in flux and had not been signed by the president.

Instacart has struck a deal with 1-800-Flowers.com.

Customers throughout the U.S.

are able to order fresh bouquets and gifts from 1-800-Flowers directly through the Instacart app for the first time.

The partnership expands the platform's assortment in time for Valentine's Day, which is clearly one of the year's biggest gifting holidays, particularly for flowers.

Notably, Instacart said 1-800-Flowers.com will be joining its app with no markup.

Shares of Instacart parent Maple Bear were up 1.47% on Monday, while 1-800-Flowers.com rose a quarter of 1%.

A look at a few other articles that are trending.

Cisco introduces an AI networking chip.

Amazon is set to pitch an AI content marketplace to publishers, and OpenAI confirms ad testing.

On our Catalyst Watch for the Day, PACCAR will hold an Analyst Day event with research analysts and institutional shareholders.