Lutnick Supports Greenland Initiative with $1 Trillion Semiconductor Investment
U.S. Commerce Secretary Howard Lutnick joins ‘Mornings with Maria’ to outline the Trump administration’s push toward a $1 trillion semiconductor investment aimed at strengthening national security and bringing chip manufacturing back to the U.S.
In a comprehensive interview, U.S. Secretary of Commerce Howard Lutnick provided insights into the Trump administration’s stance on various pressing issues, including the significance of semiconductors and recent government investments in major tech companies. He emphasized the administration’s commitment to enhancing national security through strategic investments.
Lutnick supported Treasury Secretary Scott Bessent’s assertion that acquiring Greenland is essential for national security. Speaking from the World Economic Forum stage, he noted that the White House would continue to pursue this goal, despite Greenland’s reported reluctance.
“It’s crucial for us to safeguard the Western Hemisphere; America’s strength in this region is vital for global stability. When America shines, the world shines,” Lutnick stated during his conversation with FOX Business’ Maria Bartiromo in Davos, Switzerland.
He further elaborated, “The president will address this issue and engage with European leaders. My expectation is that they will reach an understanding. However, he demands seriousness at the negotiation table… provoking the president will elicit a response.”
TRUMP SEEKS DAVOS SIGNING CEREMONY FOR GAZA BOARD OF PEACE
Lutnick recalled, “After World War II, it was America that protected the shipping lanes between Europe and the United States. As the Arctic opens, we must ensure those lanes remain secure. We cannot allow Chinese or Russian ships to dominate those waters. Protecting these routes is essential to our national security.”
U.S. Commerce Secretary Howard Lutnick speaks during the World Economic Forum annual meeting in Davos on January 20, 2026. (Getty Images)
To enhance America’s defense and economic competitiveness, Lutnick announced plans to bolster support for domestic semiconductor chip production. The government has also acquired a roughly 10% equity stake in Intel as part of a federal investment initiative aimed at incentivizing U.S. chip manufacturing.
“We are committed to investing $1 trillion in semiconductors in America, aiming for a 40% market share to ensure we can meet our own needs,” Lutnick asserted.
‘Mornings with Maria’ anchor Maria Bartiromo interviews U.S. Treasury Secretary Scott Bessent at the World Economic Forum in Davos, Switzerland, about President Donald Trump’s plan to acquire Greenland, tariffs, and U.S. economic growth.
“Without semiconductor production, we cannot develop robots or drones, nor can we ensure our self-sufficiency. Therefore, it’s imperative to manufacture chips domestically,” he emphasized.
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Shifting focus to Intel, Lutnick remarked, “The Biden administration allocated $10 billion to Intel for semiconductor production in America, which they were already pursuing. We negotiated to retain that funding while securing a 10% equity stake in the company. This partnership is crucial for Intel’s success in the U.S., and the results speak for themselves: the stock has surged 3,540% since then.”
U.S. Commerce Secretary Howard Lutnick joins ‘Mornings with Maria’ to discuss President Donald Trump’s push to expand his $1 trillion EU trade deal, boost American tech investment, and challenge Europe’s heavy-handed regulations.
Intel CEO Lip-Bu Tan reaffirmed the company’s commitment to advancing American-made technology and domestic semiconductor manufacturing. Following the government’s investment, Tan expressed gratitude for the administration’s confidence and eagerness to collaborate with policymakers to fortify the U.S. technology and manufacturing landscape.
U.S. Commerce Secretary Howard Lutnick joins ‘Mornings with Maria’ to outline the Trump administration’s push toward a $1 trillion semiconductor investment aimed at strengthening national security and bringing chip manufacturing back to the U.S.
In a comprehensive interview, U.S. Secretary of Commerce Howard Lutnick provided insights into the Trump administration’s stance on various pressing issues, including the significance of semiconductors and recent government investments in major tech companies. He emphasized the administration’s commitment to enhancing national security through strategic investments.
Lutnick supported Treasury Secretary Scott Bessent’s assertion that acquiring Greenland is essential for national security. Speaking from the World Economic Forum stage, he noted that the White House would continue to pursue this goal, despite Greenland’s reported reluctance.
“It’s crucial for us to safeguard the Western Hemisphere; America’s strength in this region is vital for global stability. When America shines, the world shines,” Lutnick stated during his conversation with FOX Business’ Maria Bartiromo in Davos, Switzerland.
He further elaborated, “The president will address this issue and engage with European leaders. My expectation is that they will reach an understanding. However, he demands seriousness at the negotiation table… provoking the president will elicit a response.”
TRUMP SEEKS DAVOS SIGNING CEREMONY FOR GAZA BOARD OF PEACE
Lutnick recalled, “After World War II, it was America that protected the shipping lanes between Europe and the United States. As the Arctic opens, we must ensure those lanes remain secure. We cannot allow Chinese or Russian ships to dominate those waters. Protecting these routes is essential to our national security.”
U.S. Commerce Secretary Howard Lutnick speaks during the World Economic Forum annual meeting in Davos on January 20, 2026. (Getty Images)
To enhance America’s defense and economic competitiveness, Lutnick announced plans to bolster support for domestic semiconductor chip production. The government has also acquired a roughly 10% equity stake in Intel as part of a federal investment initiative aimed at incentivizing U.S. chip manufacturing.
“We are committed to investing $1 trillion in semiconductors in America, aiming for a 40% market share to ensure we can meet our own needs,” Lutnick asserted.
‘Mornings with Maria’ anchor Maria Bartiromo interviews U.S. Treasury Secretary Scott Bessent at the World Economic Forum in Davos, Switzerland, about President Donald Trump’s plan to acquire Greenland, tariffs, and U.S. economic growth.
“Without semiconductor production, we cannot develop robots or drones, nor can we ensure our self-sufficiency. Therefore, it’s imperative to manufacture chips domestically,” he emphasized.
GET FOX BUSINESS ON THE GO BY CLICKING HERE
Shifting focus to Intel, Lutnick remarked, “The Biden administration allocated $10 billion to Intel for semiconductor production in America, which they were already pursuing. We negotiated to retain that funding while securing a 10% equity stake in the company. This partnership is crucial for Intel’s success in the U.S., and the results speak for themselves: the stock has surged 3,540% since then.”
U.S. Commerce Secretary Howard Lutnick joins ‘Mornings with Maria’ to discuss President Donald Trump’s push to expand his $1 trillion EU trade deal, boost American tech investment, and challenge Europe’s heavy-handed regulations.
Intel CEO Lip-Bu Tan reaffirmed the company’s commitment to advancing American-made technology and domestic semiconductor manufacturing. Following the government’s investment, Tan expressed gratitude for the administration’s confidence and eagerness to collaborate with policymakers to fortify the U.S. technology and manufacturing landscape.
