Trump: U.S. will soon gain nearly 50% of the chip market

On April 24, U.S. President Trump announced on the 23rd that the United States will soon gain nearly 50% of the chip market, pointing out that if chip companies do not produce in the United States, they will face very high tariffs in a year and a half or two years. U.S. Secretary of Commerce Lutnick said that the United States used to account for only 3% to 4% of the chip market and had the largest demand for chips; Lutnick said that under Trump's instructions, the United States required fab to return to manufacturing in the United States, and expected that a $1 trillion worth of fab would come to the United States; Lutnick said that this is not about technology giants buying chips, but about the production and manufacturing of chips. Lutnik mentioned that Micron Technology has committed to investing US$200 billion, TSMC has committed to investing US$165 billion, etc., and Taiwan has US$500 billion in funds that will flood into the United States. Lutnik also said when attending a U.S. Congressional hearing on the 23rd that he expected Trump's investment in the U.S. semiconductor industry to reach US$1 trillion during his tenure. (East News Agency)