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Intel appoints Tasha Chuang as general manager for Taiwan operations
Intel has appointed Tasha Chuang as general manager for Taiwan, effective May 1, 2025, to enhance partnerships in the semiconductor sector amid a significant company transformation following an $18.8 billion net loss in 2024. This leadership change underscores Taiwan's strategic importance in global semiconductor supply chains, as Intel seeks to strengthen ties with local partners. The evolving relationship between Intel and TSMC reflects broader industry trends, with potential collaborations emerging to address technological challenges and geopolitical pressures.
Trump adjusts Taiwan stance following TSMC's significant US investment
US President Donald Trump has softened his stance on Taiwan's semiconductor industry following TSMC's announcement of a $100 billion investment in the US, recognizing Taiwan's leadership in the sector. He attributed this success to past US policies and criticized the Chips and Science Act, suggesting TSMC's investment was motivated by tariff concerns rather than government support. The investment is poised to bolster the US semiconductor industry amid significant shifts in global supply chains.
intel ceo pat gelsinger abruptly retires amid growing investor impatience
Intel's CEO Pat Gelsinger has abruptly retired, effective immediately, after nearly four years in charge. His departure, with no permanent successor named, reflects growing investor impatience despite his ambitious plans to restructure the company and advance production technology. This situation poses challenges for both Intel and the incoming Trump administration.