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Trump to Announce $70 Billion Energy and Innovation Investment in Pittsburgh

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Trump to Announce $70 Billion Energy and Innovation Investment in Pittsburgh

President Donald Trump leaves after speaking at the Iowa State Fairgrounds during the kick off of a yearlong buildup to the 250th anniversary of the signing of the Declaration of Independence, in Des Moines, Iowa, on July 3, 2025. Madalina Kilroy/The Epoch Times

President Donald Trump is scheduled to attend the inaugural Pennsylvania Energy and Innovation Summit at Carnegie Mellon University in Pittsburgh on July 15, with a focus of his remarks on a new announcement of $70 billion in investments targeting artificial intelligence and other industries, according to the host of the event, Sen. Dave McCormick (R-Pa.)

“There’s no question that the path to American energy dominance runs directly through Pennsylvania, and this Summit will celebrate all our Commonwealth has to offer,” McCormick said in a statement. “Harnessing Pennsylvania’s unique strengths to attract new data center investment and energy infrastructure development will jumpstart Pennsylvania’s economy, create great, new jobs, and bolster our national security.”

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