No, TPMs and HSMs are fundamentally nothing more than secure hardware dedicated to storing private keys in a way that makes accessing the plaintext incredibly hard. All of modern computer security is based on them.
https://en.wikipedia.org/wiki/Trusted_Platform_Module#Field_...
For ASIC-only devices, the keys are burned-in, which is user-hostile too.
https://www.blackduck.com/blog/cyrc-discovers-asus-tplink-wl...
It is still a complete disaster. Nobody needs the password to your bootloader when it can access all your data through your web browser.