14 hours ago
Trump and Lutnick unveil semiconductor manufacturing effort for North Carolina
From Claire Carter
Commerce Secretary Howard Lutnick joined Trump onstage in North Carolina to announce two semiconductor manufacturing efforts being brought to the state, one by industrial mining company Sibelco and another by the Department of War.
The two investments will bring semiconductor production closer to home as the largest manufacturing hub is in Taiwan.
“It’s all made in Taiwan, right? And that’s just too far away for America, so he’s bringing it home,” Lutnick said of the effort. “We’re announcing Sabelco is going to build silicon manufacturing. It’s quartz manufacturing. It is basically the foundation of semiconductors, and they’re going to build it right here in North Carolina. Hundreds of millions of dollars.”
Trump then took back the podium to tout the investment and announce that the War Department would be making an additional $1.5 billion investment in semiconductor chip production.
