TSMC’s $100 billion pledge won’t resurrect US chipmaking, says Intel’s ex-CEO

Former Intel CEO Pat Gelsinger has joined Silicon Valley venture capital firm Playground Global as a partner. He emphasizes the importance of developing next-generation transistor technology in the US to maintain leadership in chip manufacturing. Gelsinger believes the US still has an edge in advanced technologies crucial for AI leadership, dismissing Chinese company DeepSeek's recent achievements as good engineering rather than core innovation. He highlights the need for dramatic cost reductions in AI inference to enable widespread deployment.