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Intel CEO calls Taiwan unstable and questions chip dependency on Asia, TSMC responds

December 9, 2021
Source: techtelegraph.co.uk techtelegraph.co.uk
News Snapshot:
Intel’s CEO has had a long history of railing against global dependency on Asia for chipmaking needs. However, his latest comments have attracted a direct response from TSMC, which took an opposing stance on the matter. While speaking at the Fortune Brainstorm Tech summit, Intel CEO Pat Gelsinger backed up his stance that the U.S. government should subsidize domestic companies exclusively when it comes to how it spends the $52 billion it has reserved for chipmakers. He pointed to Taiwan as an example of why a foreign investment could be bad, given China’s activity in the region. He called Taiwan...
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Tags: America | ASIA | Bloomberg | CEO | chairman | chip | contract | Economy | foreign investment | government | Intel | investment | IT | manufacturing | Mark Liu | national security | Nvidia | Security | subsidize | Taiwan | technology | TSMC | U.S. | United States | USA

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