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

Fonte: Business Insider

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.