Reviving US leadership in chip manufacturing: $100 billion promised by Trump will do little to help - former Intel director
Kyiv • UNN
Former Intel chief believes that the $100 billion promised to TSMC will not restore chip production in the US without research and development. All TSMC's research and development work is carried out in Taiwan.
TSMC's $100 billion promise to Trump will not revive microchip production in the US, according to the former head of Intel, UNN reports with reference to Financial Times.
"If you don't have research and development in the US, you won't have leadership in the semiconductor industry in the US," explained former Intel CEO Pat Gelsinger.
The dismissed representative of the largest manufacturer of semiconductor elements believes that Trump's promise to TSMC (Taiwan Semiconductor Manufacturing Company) to spend $100 billion on advanced manufacturing enterprises in the United States will not revive microchip production in the United States.
Gelsinger's comments came less than a month after the White House welcomed the investment in TSMC, the world's largest chipmaker. Washington explained the relevant initiative as "an important milestone in the effort to return the production of the most modern semiconductors to the territory of the United States."
However, the former Intel manager is relentless:
All TSMC's research and development work is done in Taiwan, and they have made no statements about moving it
Reference
Taiwan Semiconductor Manufacturing Company or TSMC - is a Taiwanese high-tech corporation engaged in the study and production of semiconductor products.
The Trump administration relied heavily on TSMC amid doubts about Intel's ability to regain the global manufacturing leadership it lost to the Taiwanese company a decade ago.
Gelsinger's departure at the end of last year was seen by the company as a rejection of his comprehensive reorganization plan, which included an attempt to restore Intel's manufacturing base, FT writes. His successor, Leap-Bu Tan, appointed earlier this month, has yet to outline his strategy.