America’s Frontier Fund to ‘start a brand new renaissance’ in tech, CEO says
America's Frontier Fund CEO Gilman Louie joins Yahoo Finance Live to discuss U.S. tech leadership, chip shortages, inflation, and the outlook for tech dominance.
As the US looks to bring chip manufacturing back to the US, a group of venture capitalists have teamed up to create what's called America's Frontier Fund. The fund is aimed at boosting the US's economic competitiveness and prosperity. And there's got some big name backers behind the fund. Joining us now to discuss is America's Frontier Fund co-founder and CEO Gilman Louie. Gil, it's good to talk to you today. Any time you get names like Eric Schmidt and Peter Thiel behind a fund, you're going to get a lot of attention here. But this does come at a time when you've got not just the White House, but also Congress really pushing to bring chip manufacturing back home. So what is the fund attempting to do that the government cannot?