US President Trump says car companies are coming from Canada, Mexico and Japan; all the chip companies are coming back to the US; US is leading China in AI

Trump's comments suggesting a resurgence of chip manufacturing in the U.S.

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US President Trump says car companies are coming from Canada, Mexico and Japan; all the chip companies are coming back to the US; US is leading China in AI

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  • Will have close to 50% of the chip market pretty soon.

Commerce Secretary Lutnick

  • Expects USD 1tln in chip fabs. 
  • Negotiated a great deal with Taiwan on chips. 
Context

highlight a strategic push to strengthen domestic supply chains, especially in semiconductors, which are critical for technological advancement and national security. This geopolitical maneuvering could bolster the USD as investor confidence in U.S. industrial leadership grows, potentially impacting foreign exchange dynamics and global equity markets as companies adjust to shifting manufacturing landscapes.

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