Trump Administration Launches $4 Trillion 'Pax Silica' Fund for Energy and Semiconductor Supply Chains

The Trump administration announced the formation of a consortium aimed at investing $4 trillion into energy, minerals, and semiconductors. The U.S. will contribute $250 million, with participation from countries including Singapore, UAE, Qatar, and Sweden. The initiative, named 'Pax Silica', aims to enhance global supply chains, focusing on energy security and critical minerals, as a response to global economic threats and supply chain vulnerabilities.

Published Mar 24, 2026

The Trump administration is establishing the 'Pax Silica' consortium to invest $4 trillion in energy projects, minerals, and semiconductors, with the U.S. contributing $250 million. Participating countries include Singapore, the UAE, Qatar, and Sweden, among others.

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The initiative aims to strengthen global supply chains for semiconductors and energy security, especially in light of threats from the conflict in Iran. The U.S. seeks additional commitments from sovereign wealth funds, targeting projects that ensure mineral and energy access for the U.S. and allies. The partnership may lead to cooperative agreements in artificial intelligence across member countries.