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Ex-Intel CEO backs Trump's sovereign wealth fund plan — and says it can help the US keep up with China in the tech race

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Business Insider Fews App News Provider
Fews App Post Time 1d ago

Pat Gelsinger warned the US risks falling behind without bold, state-backed investment in key technologies. ODD ANDERSEN/AFP via Getty ImagesIntel's ex-CEO backed Donald Trump's plan for a US sovereign wealth fund to boost the tech sectorIn an op-ed for The Wall Street Journal, Gelsinger said the fund is key to competing with China. He argued private markets can't provide the long-term capital US tech breakthroughs need.

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