nn> “If you don’t have R&D in the US, you will not have semiconductor leadership in the US,” he stated. “All of the R&D work of TSMC is in Taiwan, and they haven’t made any announcements to move that.”nnBased on further reports, that isn’t likely to change in the near future. The Trump administration has leaned heavily on TSMC in recent months, but the company’s leaders seem unfazed. The Financial Times reported that “TSMC has said that the only development work it plans to carry out in the US will be on the process technology it already has in production and that its core research and development will remain in Taiwan,” confirming its limited interest in American R&D, with a focus on manufacturing chips in the U.S.nnAs TheStreet reported earlier this month, Trump has made it clear he is focused on helping the U.S. lead the AI chip manufacturing market. However, Gelsinger’s statements raise a critical question that has been largely overlooked: will simply building more chips in the U.S. be enough?nnGelsinger isn’t the only expert to speculate that Trump’s plan may not be as effective as he believes. Commentator Fareed Zakaria recently published an editorial arguing that the “great American manufacturing comeback” touted by Trump and Vice President JD Vance is unrealistic, as the world’s most advanced economies are now dominated by services, not manufacturing.nnDespite the potential challenges, Gelsinger also believes that the U.S. has a “global edge in many advanced technologies.” However, without the true innovation that comes from actual research and development, the U.S. economy risks remaining stagnant, even if companies like TSMC temporarily bring manufacturing jobs back to the U.S.nnnnnnnnnnnn”}