Bloomberg Tech Tesla’s FSD Factored in Fatal Crash, GlobalFoundries Boosts US Production
Jun 4, 2025
A Tesla equipped with Full Self-Driving technology was involved in a fatal crash, raising serious questions about safety and regulatory challenges. GlobalFoundries reveals a substantial $16 billion plan to enhance U.S. chip manufacturing amid ongoing trade tensions. HPE's CEO discusses the reduced impact of tariffs on their earnings, shedding light on how companies are navigating the complex landscape. The conversation also touches on AI innovations and the competitive dynamics within the tech industry, highlighting crucial advancements and market implications.
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US-China Trade Tensions Impact Tech
- US-China trade tensions affect rare earth mineral access critical for national security and tech.
- Both countries accuse each other of violating trade agreements, risking tariff increases.
GlobalFoundries US Chip Expansion
- GlobalFoundries' $16B investment aims to boost US chip production to meet growing tech demands.
- The move responds to US manufacturing imbalance and rising semiconductor needs, including AI.
Build Partnerships to Grow Manufacturing
- Collaborate with government and customers to support domestic manufacturing growth.
- Partnerships help drive demand and justify investment in US semiconductor production.