Summary
The Trump administration is not planning to invest in Nvidia but is looking to support other industrial companies. Treasury Secretary Scott Bessent mentioned that the focus is on industries where the U.S. wants to be self-sufficient.
Key Facts
- The Trump administration does not intend to invest in Nvidia.
- The government is looking to invest in various industrial companies.
- This approach follows similar actions taken with companies like Intel.
- The intent is to establish U.S. self-sufficiency in critical industries.
- Investors are uncertain about which companies and industries will be targeted for investment.
- Industries such as shipbuilding are being considered for investment.
