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Trump says Pentagon will invest $1.5 billion into North Carolina chip production
The investment is aimed at reshoring chip production and supporting national security applications, with Wolfspeed also set to receive a $1.5 billion conditional loan.
- On Tuesday, President Donald Trump announced two major semiconductor manufacturing investments in North Carolina at the Pitt-Greenville Airport, calling one of them "a very, very big one."
- Commerce Secretary Howard Lutnick and President Trump unveiled plans to reshore semiconductor manufacturing, targeting reduction of U.S. reliance on chip production in Taiwan by strengthening domestic supply chains.
- The Department of War is providing a $1.5 billion loan to Durham-based Wolfspeed, while Sibelco committed to opening a quartz processing facility described as "the foundation of semiconductors."
- Republican Senate nominee Michael Whatley hopes the initiative boosts his campaign against Democrat Roy Cooper, as recent polling shows Cooper with a 10-point edge with two weeks remaining.
- Trump predicts domestic manufacturers could produce half of the world's computing chips in the near future, continuing a rigorous campaign schedule supporting GOP candidates nationwide.
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29 Articles
29 Articles
Trump, Lutnick Reveal New Semiconductor Investments in North Carolina
Commerce Secretary Howard Lutnick (R) announces plans for semiconductor manufacturing to be built in North Carolina as President Donald Trump looks on during an election rally at Pitt-Greenville Airport in Greenville, N.C., on Oct. 20, 2026. (Anna Moneymaker/Getty Images)
·New York, United States
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(Washington = Yonhap News) Correspondent Park Sung-min = U.S. President Donald Trump said on the 20th (local time), "The Department of Defense (War Department) is [developing] advanced semiconductors right here in North Carolina..."
·Seoul, Korea (the Republic of)
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Coverage Details
Total News Sources29
Leaning Left0Leaning Right8Center9Last UpdatedBias Distribution53% Center
Bias Distribution
- 53% of the sources are Center
53% Center
C 53%
R 47%
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