The University of Chicago has secured a federal grant aimed at expanding America’s semiconductor production. The award comes only weeks after President Donald Trump threatened a 100 percent tariff on imported computer chips—a move that could raise the cost of everything from smartphones to sedans while pressing manufacturers to build at home.

A $3.6 billion London-based investment firm has reignited operations at a Southside Virginia mine and processing plant, marking a pivotal step in securing a U.S.-based supply chain of critical minerals.