It’s been less a month since Lip-Bu Tan took over as chief executive officer (CEO) at Intel and he might already be making some major moves.
It’s been less a month since Lip-Bu Tan took over as chief executive officer (CEO) at Intel and he might already be making some major moves. None bigger than a reported chipmaking deal with rival TSMC that would see the two chip behemoths form a joint venture. If true—and Tan did promise to focus on winning through engineering—it could signal the beginning of a tectonic shift in the status quo.Keep your friends close and your enemies closer, right? To be fair, Intel and TSMC are not enemies, though they also don’t always see eye-to-eye. When former Intel CEO Pat Gelsinger retired from the company last December, TSMC founder Morris Chang (retired as CEO in 2005 and as chairman of the board in 2018) made a comment suggesting he should have steered the company more towards AI than its foundry model.
“I don’t know why Pat resigned. I don’t know if his strategy was bad or if he didn’t execute it well.Compared with AI, he seemed to focus more on becoming a foundry. Of course now it seems that [Gelsinger] should have focused on AI”, Chang said during an event to launch his autobiography. “They currently have neither a new strategy nor a new CEO. Finding both is very difficult.
