TRUMP UNVEILS MAJOR US CHIP INVESTMENTS

What happened: Trump announced a $1.5 billion Pentagon investment in semiconductor production and a new industrial minerals facility in North Carolina, tying tech expansion to national security and tariffs. Key numbers: $1.5 billion Pentagon chip investment; Sibelco quartz facility at hundreds of millions of dollars; pharma commitments over $10 billion; Why it matters: Trump presented the investments as evidence tariffs are drawing manufacturing back to the US and forecast close to 50 per cent of the chip business, while framing the November 3 elections as a check on these policies. Coverage: 4 outlets in 24h

Trump announced a $1.5 billion Pentagon investment in semiconductor production and a new industrial minerals facility in North Carolina, tying tech expansion to national security and tariffs.

Trump presented the investments as evidence tariffs are drawing manufacturing back to the US and forecast close to 50 per cent of the chip business, while framing the November 3 elections as a check on these policies.