Did Trump give China Nvidia chips?

Written by Admin | Last Updated: July 2026

No, Donald Trump did not personally purchase stock in USA Rare Earth (USAR). Instead, in January 2026, his administration announced a government-backed deal to acquire a 10% equity stake in the company as part of a $1.6 billion investment package. This public funding, which included federal grants and loans, was intended to strengthen domestic supply chains for critical minerals and reduce U.S. reliance on foreign nations for rare earth materials essential to national security.

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