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GlobalFoundries CEO advocates for US tariffs to enhance domestic chip demand
GlobalFoundries CEO Thomas Caulfield advocates for US tariffs on foreign-made chips, arguing they would increase demand for domestic semiconductors. At a Morgan Stanley investor conference, he highlighted that tariffs, alongside the $52.7 billion Chips and Science Act, could significantly enhance US chip manufacturing capabilities. As he prepares to become executive chairman, Caulfield anticipates that these measures will drive growth in the US semiconductor industry.
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