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Hyundai Motor is evaluating an expansion of its Bryan County, Georgia manufacturing facility that could raise annual capacity to 800,000 vehicles by 2028, CEO José Muñoz announced.
Samsung has raised prices for its advanced contract semiconductor manufacturing by up to 15 percent as high demand for AI chips strains global foundry capacity and fills lines at rival TSMC.
US Commerce Secretary Howard Lutnick has publicly warned Apple against purchasing memory chips from Chinese suppliers CXMT and YMTC, though current trade regulations lack a legal mechanism to prevent the tech giant from buying off-the-shelf components.
U.S. drone manufacturers saw share prices surge after President Trump signed an executive order placing tariffs of up to 100% on foreign-made unmanned aerial systems and components.
Shares of American drone manufacturers rallied after President Donald Trump signed an executive order imposing import tariffs on foreign-built uncrewed aircraft and components to bolster domestic manufacturing.
