Taiwan Semi Founder Calls For New Strategy After Intel Chief's Departure
Intel(INTC) Benzinga·2024-12-11 13:20
Taiwan Semiconductor Manufacturing Co TSM founder Morris Chang told Reuters Monday that Intel Corp INTC should have focused on developing its artificial intelligence moat instead of contract chipmaking.Chang’s comments followed Intel chief Pat Gelsinger’s departure after he failed to impress the board with his turnaround efforts. Intel stock has plunged 58% year-to-date.Also Read: Trump’s Return Threatens Billions in US Chip Investment from Taiwan, SamsungDuring Chang’s autobiography launch event, he emphas ...