Pat Gelsinger describes himself as a born-again Christian who lives “at the intersection of faith and technology.” For the former Intel CEO, reviving American semiconductor manufacturing isn’t just a business strategy—it’s a mission he believes he was called to fulfill. This conviction has driven him to donate nearly half of his income to charity and maintain strict self-discipline, waking at 4 a.m. each morning. But the same unwavering sense of purpose that guides his personal life now shapes his vision for the industry, one that fundamentally challenges how foreign companies like TSMC are investing in the US.

In recent years, the global space industry has entered an unprecedented period of acceleration, driven in large part by the rapid expansion of low-Earth-orbit (LEO) satellite constellations. Chief among them is SpaceX’s Starlink network, which is swiftly reshaping the world’s communications infrastructure.

Tesla and BYD are both facing increasing sales pressure, with the two electric vehicle (EV) giants showing signs of fatigue in their key markets. Tesla’s decline across Europe continues without signs of slowing, while BYD faces rising competition at home, recording its third straight monthly decline in November and putting its full-year goal at risk.

Onsemi and Innoscience have signed a memorandum of understanding to assess opportunities for expanding the manufacturing of gallium nitride (GaN) power devices, with a focus on accelerating deployment in the 40–200V segment. The companies said the non-binding agreement aims to combine Onsemi’s packaging, drivers, and system-integration capabilities with Innoscience’s 8-inch GaN-on-silicon wafer technology and high-volume production capacity.