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@ Layer3.news
2025-03-06 10:12:22
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GLOBALFOUNDRIES CHIEF SAYS TARIFFS COULD BENEFIT US CHIPMAKERS
https://media.zenfs.com/en/reuters-finance.com/ada2705b61dc7283643fd8e98c8b8ceb
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✍️ GlobalFoundries CEO Thomas Caulfield believes that US tariffs on foreign-made chips could help boost demand for domestically made chips, and that a combination of tariffs and government assistance is needed to achieve the desired outcome.
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👉 US tariffs on foreign-made chips could boost demand for domestically made chips
👉 CHIPS and Science Act and investment tax credit have helped boost US chip-making capacity
👉 Tariffs would help steer customers towards domestically produced chips
👉 Combination of tariffs and government assistance is needed to achieve desired outcome
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#ThomasCaulfield #DonaldTrump #HowardLutnick #StephenNellis #SanFrancisco #Taiwan #technology
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