Reported about 19 hours ago
GlobalFoundries CEO Thomas Caulfield stated that U.S. tariffs on foreign chips could enhance demand for domestically manufactured chips, thanks to initiatives like the CHIPS and Science Act. He emphasized the need for both government support and tariffs to boost U.S. chip production, particularly in light of impending changes under President Trump, as foreign companies eye the U.S. market to avoid tariffs.
Source: YAHOO