If there's anything we've learned about President Trump's economic strategy, it's that even after he announces a deal, the deal's terms often continue to shift. So, I asked Jojo to walk us through what we know and what we don't yet know about the agreement the federal government has made with two major US chip manufacturers, Nvidia and AMD. What the president has told the American people is uh he cut a deal with AMD and Nvidia.You know, the president said, "Listen, these two companies have agreed with me uh ...

Core Insights - The U.S. Department of Defense is making a significant investment in MP Materials' rare-earth magnets business, leading to a 60% increase in its stock price [1] - USA Rare Earth is speculating on potential similar investments but is significantly behind MP Materials in commercial development [4][5] Group 1: Investment Details - The Pentagon has agreed to purchase all rare earth magnets produced by MP Materials over the next 10 years, ensuring minimum prices regardless of market fluctuations [4] - MP Materials received a $400 million investment in preferred convertible stock from the Pentagon, marking a potential establishment of a new sovereign wealth fund aimed at securing access to critical minerals [4] Group 2: Company Performance Comparison - In the previous year, MP Materials produced 45,455 metric tons of rare-earth oxides and recorded $61 million in revenue, while USA Rare Earth reported zero revenue [5] - The disparity in development and revenue generation highlights the challenges USA Rare Earth faces in attracting similar government investments [4][5] Group 3: Market Speculation - There is speculation that the Trump administration may invest in USA Rare Earth to enhance its commercial development and ensure supply chain redundancy [6] - However, the current assessment indicates that MP Materials represents a much safer investment compared to USA Rare Earth [6]