Business
Pentagon Announces Major Semiconductor Investment
President Trump announced a $1.5 billion investment from the Pentagon to expand semiconductor production in North Carolina, aimed at reshoring manufacturing to the U.S. The move is part of broader efforts to bolster domestic chip production.
Coverage timeline — 2 articles
The Hill
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 semico
2026-10-21 01:26 UTC
CNBC
The company cited power supply delays at its Melbourne facility amid local community and stakeholder opposition for lowering earnings forecast.
2026-10-21 01:44 UTC