TECH NEWS – The President of the United States says the big break came after the death of Andy Grove, who left the country lagging behind Taiwan.

The new US administration is trying to put the domestic chip industry on a massive growth trajectory, as companies (like TSMC) have announced they are expanding in the region… true, they are doing so to avoid being hit by tariffs imposed by the Trump administration. We’ve also seen domestic companies like Intel get all the political attention mainly because of their importance to the US market, and now in the Oval Office, President Trump has said that Intel’s reign under Andy Grove is vol watchable. Back then, the U.S. was a dominant force in semiconductor manufacturing, and he hopes those days will soon return. Grove emigrated with his family from Hungary to Austria during the 1956 revolution, became Intel’s third employee in 1968, and the company’s third CEO in 1987.

“You know, we used to have Intel, and it was run by a guy named Andy Grove. Andy Grove was a tough, smart guy. And then he died, and then there were a bunch of people who didn’t know what they were doing and gradually lost the chip business. Now it’s almost all in Taiwan. They stole it from us, they took it from us. I don’t blame them, I give them credit. I blame the people who were in that seat and allowed it to happen. We are going to take back a lot of the industry,” Trump said.

Grove died in 2016, and by then he had little to do with Intel, but he moved on. The Trump administration is trying to bring chip manufacturing back to the U.S., either through political influence or other means. Trump has admitted that the shift of global chip manufacturing to Taiwan was not the result of technology theft, but the fault of previous administrations. However, this seems to be changing, at least from what we can see from the way the US administration is treating chipmakers such as TSMC and Intel. However, it will not be easy to move the supply chain from Taiwan to the US, as this would not only have financial implications, but would also require a complete transfer of technology, which the Taiwanese government will not agree to.

So it will be interesting to see what happens in that country.

Source: WCCFTech

Trump speaks from the Oval Office today:

– Realizes the important of chips to the world

– Says Andy Grove of Intel was a great man

– The chip business was stolen/taken from the USA by Taiwan.

– IMPORTANT: He blamed prior presidents and administrations for allowing it to… pic.twitter.com/LqhUX7n30O

— A2THEZ (@awakenowzone) March 7, 2025