Trump says Pentagon will invest $1.5 billion into North Carolina chip production

Politics The Hill By Finya Swai 21 Oct 2026 01:26 1 min read
Trump says Pentagon will invest $1.5 billion into North Carolina chip production

President Trump on Tuesday announced a $1.5 billion dollar investment from the Pentagon to expand semiconductor production in North Carolina, as the administration pushes to reshore manufacturing to the U.S. “The Department of War will be investing $1.5 billion dollars to produce cutting-edge semiconductor chips right here in North Carolina,” Trump said while speaking at...

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