Biden's $50 Billion Chips Bill Needs to be Funded: GlobalFoundries CEO

Apr.07 -- Thomas Caulfield, CEO at GlobalFoundries Inc, says the chip shortage began with the advent of smartphones 15 years ago and has been accelerated by the rising demand for technology adoption during the Covid-19 pandemic. He also shares what's he looking forward to at U.S. President Biden's chip summit planned for April 12. Caulfield speaks to Emily Chang on "Bloomberg Technology".