CEO of world’s biggest chipmaker warns America’s ‘favourite’ Intel: You do not worry us, as we have…
TSMC chief executive C.C. Wei just told Intel Foundry what many in the semiconductor industry have been thinking: throwing billions at chip manufacturing won’t automatically make you competitive. The blunt assessment came as Taiwan’s chip giant posted blockbuster earnings that explain why it’s not exactly shaking in its boots.
The world’s largest contract chipmaker reported fourth-quarter net profit of NT$505.74 billion ($16 billion), up 35% from last year and well above analyst expectations.
