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Former Intel Boss Pat Gelsinger Says Trump's Tariffs Helpful For US Chip Comeback, But More Than TSMC's $100 Billion Pledge Needed — Reveals the One Missing Piece

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Former Intel Boss Pat Gelsinger Says Trump's Tariffs Helpful For US Chip Comeback, But More Than TSMC's $100 Billion Pledge Needed — Reveals the One Missing Piece - Benzinga

Quick Summary:

Gelsinger, now a partner at deep-tech VC firm Playground Global, added that President Donald Trump's tariff threats had been "incrementally beneficial" by nudging companies like TSMC to invest in the U.S. 

However, he warned that without relocating core research operations, the U.S.would remain dependent.

What Happened: In a new interview this week, Gelsinger said Taiwan Semiconductor Manufacturing Co.'s (NYSE:TSM) $100 billion commitment to expand chip production in the U.S.is a positive step but ultimately insufficient, reported the Financial Times.

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Former Intel Boss Pat Gelsinger Says Trump's Tariffs Helpful For US Chip Comeback, But More Than TSMC's $100 Billion Pledge Needed — Reveals the One Missing Piece - Benzinga (Picture 1)

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Article Details

Author / Journalist: Ananya Gairola

Category: Technology

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Positive

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-03-27 @ 03:28:44 (5 days ago)

News Timezone: GMT +8:00

News Source URL: benzinga.com

Language: English

Article Length: 561 words

Reading Time: 4 minutes read

Sentences: 29 lines

Sentence Length: 20 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Benzinga

News ID: 27363261

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Main Topics: Technology

Official Website: benzinga.com

Update Frequency: 10 posts per day

Year Established: 2010

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News Last Updated: 8 hours ago

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Publisher ID: #53

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