Trump states that America invented the core technology the world relies on yet previous presidents allowed semiconductor factories to move overseas to Taiwan and elsewhere without tariff protection. Upon winning his second term he worked to return chip production to the United States by assisting Intel. Deals followed with Nvidia to build its chips using Intel, Elon constructing the TerraFab as the world's largest chip factory with Intel technology, and Apple agreeing to design and build its chips domestically. In exchange for a 10 percent stake in Intel the company rose in value from around 100 billion dollars to over 600 billion dollars within nine months. America's resulting stake exceeds 60 billion dollars.
Trump states that America invented the core technology the world relies on yet previous presidents allowed semiconductor factories to move overseas to Taiwan and elsewhere without tariff protection. Upon winning his second term he worked to return chip production to the United States by assisting Intel. Deals followed with Nvidia to build its chips using Intel, Elon constructing the TerraFab as the world's largest chip factory with Intel technology, and Apple agreeing to design and build its chips domestically. In exchange for a 10 percent stake in Intel the company rose in value from around 100 billion dollars to over 600 billion dollars within nine months. America's resulting stake exceeds 60 billion dollars.
SOURCE: https://x.com/clashreport/status/2067513281250517188 SOURCE (mirror): https://xcancel.com/clashreport/status/2067513281250517188