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🇺🇸 Industry in Focus, 14-05-2026: America's Chip Industry Gets a State Investor
Industry Focus

🇺🇸 Industry in Focus, 14-05-2026: America's Chip Industry Gets a State Investor

Macro Soup Newsroom Macro Soup Newsroom 3 min read

The Trump administration converted $9 billion in CHIPS and Science Act grants into a ~10% equity stake in Intel, then brokered an Apple chip-manufacturing deal. Global semiconductor sales hit $298.5 billion in Q1 2026, up 25% quarter-on-quarter, on track to cross $1 trillion for the year.

Candlestick chart of semiconductor index with red and green bars showing long-term rise from ~142 to 531.30 on x-axis from 2023 to 2027.
The SOXX semiconductor index climbed 5.67% on May 8, extending a 68% advance over six weeks as AI infrastructure demand from NVIDIA and peers drove chipmakers to new highs. Source

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