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Woofun AI reports that U.S. President Donald Trump declared on social media that the nation must repatriate the semiconductor industry, emphasizing domestic chip production. He disclosed strategic collaborations wherein NVIDIA committed to manufacturing first-tier chips with Intel, Elon Musk agreed to construct TerraFab alongside Intel's technical team, and Apple pledged to design and manufacture chips in the U.S. using Intel facilities.
Trump noted that the U.S. government secured a 10% stake in Intel in exchange for support, resulting in a valuation surge from approximately $100 billion to over $600 billion within nine months. Consequently, the government's holdings are now valued at more than $60 billion, reflecting a sixfold increase in investment value.