Former Intel CEO: The U.S. Needs a Sovereign Wealth Fund to Tackle China's Tech Threats
The former CEO of Intel stated that the United States needs to establish a sovereign wealth fund to counter the growing technological threats posed by China. He emphasized that such a fund would support the development of critical technologies and enhance America's competitiveness in the global market.
He pointed out that China's rapid advancements in areas like semiconductors and artificial intelligence challenge U.S. technological superiority. With the backing of a sovereign wealth fund, the U.S. could strengthen investments and foster the growth of domestic tech companies.
