Cabot Phillips
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When production is complete, NVIDIA says they'll be able to construct supercomputers entirely here in the US, a feat that has never been accomplished. The company's CEO said the investment will, quote, "...strengthen our supply chain and boost our resiliency." For their part, the White House called the announcement, quote, the Trump effect in action.
When production is complete, NVIDIA says they'll be able to construct supercomputers entirely here in the US, a feat that has never been accomplished. The company's CEO said the investment will, quote, "...strengthen our supply chain and boost our resiliency." For their part, the White House called the announcement, quote, the Trump effect in action.
They say the best way to avoid tariffs is by making things here in America. Here's President Trump at the White House yesterday speaking to that point.
They say the best way to avoid tariffs is by making things here in America. Here's President Trump at the White House yesterday speaking to that point.
And on the economic front, Trump also got some good news yesterday from the Federal Reserve. They found that Americans do believe inflation will rise in the coming months, but that they expect it to be a short-term disruption. And that's important because consumer expectations on inflation can often become self-fulfilling as it changes what folks are willing to pay for certain products.
And on the economic front, Trump also got some good news yesterday from the Federal Reserve. They found that Americans do believe inflation will rise in the coming months, but that they expect it to be a short-term disruption. And that's important because consumer expectations on inflation can often become self-fulfilling as it changes what folks are willing to pay for certain products.
Markets were seemingly pleased with Monday's news as the Dow, S&P, and Nasdaq each saw gains across the board.
Markets were seemingly pleased with Monday's news as the Dow, S&P, and Nasdaq each saw gains across the board.
Well, the bulk of it focused on immigration. Remember, El Salvador has agreed to take in thousands of criminal aliens deported by the U.S., During the event, reporters repeatedly brought up the case of Kilmar Abrego Garcia, an illegal immigrant and suspected MS-13 gang member from El Salvador who's been deported by Trump to one of Bukele's prisons.
Well, the bulk of it focused on immigration. Remember, El Salvador has agreed to take in thousands of criminal aliens deported by the U.S., During the event, reporters repeatedly brought up the case of Kilmar Abrego Garcia, an illegal immigrant and suspected MS-13 gang member from El Salvador who's been deported by Trump to one of Bukele's prisons.
Immigration activists say Garcia was wrongfully removed, despite the fact that a federal court had ordered him deported back in 2019. But the Supreme Court this month agreed, ruling that the U.S. must, quote, facilitate his return, but only if El Salvador wishes to send him back. And Bukele made clear that he has no intention of doing so.
Immigration activists say Garcia was wrongfully removed, despite the fact that a federal court had ordered him deported back in 2019. But the Supreme Court this month agreed, ruling that the U.S. must, quote, facilitate his return, but only if El Salvador wishes to send him back. And Bukele made clear that he has no intention of doing so.
Daily Wire senior editor Cabot Phillips has more. Major chipmaker Nvidia announced today it will partner with companies like TSMC, Foxconn, and Amcor to build its powerful Blackwell chips in Arizona and AI systems in Texas. CEO Jensen Huang called it a historic first, saying the engines of the world's AI infrastructure are now being built in America.
Daily Wire senior editor Cabot Phillips has more. Major chipmaker Nvidia announced today it will partner with companies like TSMC, Foxconn, and Amcor to build its powerful Blackwell chips in Arizona and AI systems in Texas. CEO Jensen Huang called it a historic first, saying the engines of the world's AI infrastructure are now being built in America.
Over the next four years, NVIDIA plans to produce up to half a trillion dollars in AI hardware on U.S. soil, boosting domestic supply chains and manufacturing resilience. President Trump commented on the historic announcement earlier today.
Over the next four years, NVIDIA plans to produce up to half a trillion dollars in AI hardware on U.S. soil, boosting domestic supply chains and manufacturing resilience. President Trump commented on the historic announcement earlier today.
The news comes as the president intensifies tariffs on China and secures massive chip investments, including TSMC's $100 billion pledge earlier in the year. Nvidia stock rose nearly 3% following the announcement.
The news comes as the president intensifies tariffs on China and secures massive chip investments, including TSMC's $100 billion pledge earlier in the year. Nvidia stock rose nearly 3% following the announcement.
Yeah, two big developments on that front. First, after the president paused tariffs on every country but China, Beijing predictably responded by raising their own tariffs on U.S. goods from 84 percent to 125 percent. They went a step further Sunday, halting the export of rare earth minerals and magnets.
Yeah, two big developments on that front. First, after the president paused tariffs on every country but China, Beijing predictably responded by raising their own tariffs on U.S. goods from 84 percent to 125 percent. They went a step further Sunday, halting the export of rare earth minerals and magnets.