October 21, 2026PoliticsTechnologyStocks·Bullish·defense
Pentagon to spend $1.5 billion on North Carolina semiconductor production, Trump says
The Pentagon will spend $1.5 billion on North Carolina semiconductor production, President Trump says. The Department of War lined up a conditional loan to Durham-based Wolfspeed to help it expand U.S. production of advanced chips used in military electronics, communications and power systems.
Detected & updated continuously · Source: Nebula
Story subjects
Donald TrumpNorth CarolinaUnited States Department of Defense