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TSMC Founder: Pat Gelsinger Too Old to Make Intel Great Again - TSMC and Intel exchange rants.
After less than a year into his tenure as Intel's chief executive, Pat Gelsinger has set up the company's process technology roadmap that spans through 2025 and introduced the company's IDM 2.0 foundry strategy. But the ambitious CEO may not have enough time to bring Intel back to its glory days, said Morris Chang, the founder and a former CEO of TSMC, reports UDN.
Pat Gelsinger is 60, and there is a rule that Intel's executives must retire at the age of 65. As a result, Gelsinger may not have enough time to put Intel back in a manufacturing technology leadership position, Chang noted while delivering his lecture 'Cherish Taiwan's Advantages in Semiconductor Wafer Manufacturing.'
[...] TSMC is not particularly happy with Gelsinger. Last week, he said that the reliance on Taiwan as the global hub for semiconductor manufacturing was a significant risk since China had never given up plans to capture the country.
"Taiwan is not a stable place," said Gelsinger at Fortune Brainstorm Tech, reports Nikkei. "Beijing sent 27 warplanes to Taiwan's air defense identification zone this week. Does that make you feel more comfortable or less?"
He also re-emphasized his view that foreign semiconductor companies should not receive subsidies from the U.S. government to build new fabs under the $52-billion CHIPS act. Gelsinger called on the U.S. government to provide incentives only for American chipmakers. He argued that semiconductor companies from China, Taiwan and South Korea received major aid from their respective governments, which made it harder for American companies like Intel to compete.
(Score: 1, Flamebait) by DannyB on Thursday December 09 2021, @05:25PM (2 children)
Let's wait and see how Trump's "Truth SOCIAL" will succeed.
Like his casinos? Like his marriages?
Funny that the most well known prolific liar would name his social media site "Truth". Yet its TOS has all the same things in it that he complained about when he violated the TOS.
I think it may end in financial / legal scandal before it launches, IMO.
If you think a fertilized egg is a child but an immigrant child is not, please don't pretend your concerns are religious
(Score: 1, Offtopic) by krishnoid on Thursday December 09 2021, @08:06PM (1 child)
The U.S. divorce rate is 30-50%, so anyone's odds aren't great when it comes to that. But a stake in the ground is *losing* money when you're running a *casino*. I don't think something like that would even rate a case study in an Intro to Business Management class, unless it fell into the "perverse microeconomics" category.
(Score: 1, Informative) by Anonymous Coward on Thursday December 09 2021, @11:29PM
Have you been to Atlantic City recently? Even before the plandemic, the entire city with its casinos was dead meat. No activity at all. I expected tumbleweeds to roll across the street.
That being said, a casino in a non-monopoly area seems at risk of low profit margins as any other business. Somebody's always there to undercut you. And AC's bread and butter, retirees bused in from NYC, have had alternatives elsewhere since the late 1990s. Mohegan Sun was big when I lived in NY. Doubtlessly NY State has casinos of their own now. Pennsylvania definitely does, which cut out AC's Philadelphia customers.