Reported 26 days ago
Intel CEO Pat Gelsinger hailed TSMC as an 'awesome' company in a recent interview, emphasizing their critical partnership while expressing concerns about delays in receiving funds from the CHIPS Act. Despite reporting better-than-expected earnings guidance, Intel continues to struggle with significant losses and faces challenges in competing with industry leaders like Nvidia and AMD. Gelsinger highlighted the importance of moving forward with chip production in the U.S. amidst ongoing financial uncertainties.
Source: YAHOO