这一举措将从国会已拨付的半导体研发及工厂建设资金中调拨，而非提出新的开支请求，旨在减少美国 对其他国家在电子和国防产业广泛应用的关键矿产的依赖。 两名知情人士透露，特朗普政府正考虑从《芯片与科学法案》(简称CHIPS法案)中至少重新划拨20亿美 元，用于关键矿产项目融资，并扩大美国商务部长卢特尼克在该领域的影响力。消息公布后，美股稀土 概念板块周四短线拉升，截至收盘，American Resources(AREC.US)涨超9.8%，Energy Fuels(UUUU.US) 涨超10%，USA Rare Earth(USAR.US)涨超7%，Perpetua Resources(PPTA.US)涨超4.8%。 知情人士表示，此举还将有助于集中和统一美国在关键矿产融资上的战略。此前五角大楼对稀土企业 MP Materials(MP.US)的投资引发外界对美国矿产战略的质疑，白宫希望通过加强卢特尼克的角色，推动 跨部门协调。 白宫与五角大楼均未回应置评请求，MP Materials也拒绝发表评论。 例如，全球最大锂生产商雅宝公司(ALB.US)首席执行官Kent Masters上月向媒体表示，该公司在美国建 设 ...

Group 1 - The core assets' value is being redefined by national security, supply chain stability, and energy independence, with significant capital inflows from the US, France, Japan, and emerging economies [1][4] - SoftBank's $2 billion equity investment in Intel at $23 per share highlights the strategic importance of Intel in the US semiconductor manufacturing and supply chain expansion [2][3] - The US government's potential plan to convert part of the $10.9 billion subsidy for Intel into approximately 10% equity indicates a shift towards non-market valuation based on strategic necessity rather than current profitability [2][4] Group 2 - The shift in asset pricing logic reflects a global re-evaluation of core assets, with examples including the French government's takeover of EDF and Japan's national fund investing in JSR [3][4] - The transition from a focus on efficiency and capital returns to prioritizing national security and supply chain stability is reshaping the underlying logic of asset pricing [4] Group 3 - Key global core assets include major players in defense, semiconductor manufacturing, and energy sectors, such as Lockheed Martin, Intel, and NextEra [6][8][11] - The list of global core assets emphasizes the strategic importance of companies in the semiconductor and energy sectors, which are crucial for national security and economic stability [5][10][12]