GlobalFoundries chief says tariffs could benefit US chipmakers

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GlobalFoundries chief says tariffs could benefit US chipmakers

^{Published on 2025-03-04 18:22:18 - Reuters}

GlobalFoundries Chief Executive Officer Thomas Caulfield said on Tuesday that U.S. tariffs on foreign-made chips could help U.S. chip manufacturers by boosting demand for domestically made chips.

The article from Reuters discusses comments made by Thomas Caulfield, CEO of GlobalFoundries, at the Mobile World Congress in Barcelona. Caulfield highlighted that the U.S. government's potential new tariffs on Chinese semiconductors could benefit American chipmakers. He mentioned that these tariffs, if implemented, would help level the playing field by countering the subsidies provided by the Chinese government to its semiconductor industry. This comes at a time when the U.S. is pushing for more domestic production of semiconductors to reduce reliance on foreign manufacturing, particularly from China and Taiwan. Caulfield also noted that while the tariffs could provide a competitive edge, the broader industry still faces challenges like supply chain disruptions and the need for significant investments in technology and infrastructure.

Read the Full Reuters Article at:
[ https://www.reuters.com/technology/globalfoundries-chief-says-tariffs-could-benefit-us-chipmakers-2025-03-04/ ]

Contributing Sources

Reuters

N@N

GlobalFoundries chief says tariffs could benefit US chipmakers