According to Reuters, Pat Gelsinger violated the Taiwanese wage producer in May 2021.
A Reuters reported in a recent report that Pat Gelsinger, shortly after his 2021 leadership appointment, made a serious mistake, which is currently costing Intel a lot of money. According to sources in the mentioned media, the whole matter can be traced back to a statement made in May 2021, when the new president and CEO claimed: “He doesn’t want all his eggs to be in the basket of a Taiwanese manufacturer.” This is perhaps even understandable, since the company’s interests also want it, but even at the end of the year in question, it encouraged investors to invest in Intel’s manufacturing plans by naming Taiwan as an unstable location.
The underlying issues are understandable, since Taiwan’s independence is being questioned by China, which obviously causes a lot of tension, and practically everyone is aware of this. TSMC handled Pat Gelsinger’s statement by saying that the leader of the giant company from Santa Clara was a little impolite, but according to Reuters information, a previous contract was modified behind closed doors, so Intel does not get a discount that was previously offered to the 3 nm were fixed in connection with the use of the procedure Allegedly, this is a 40% discount on the 3 nm wafers that can be purchased for $23,000, which means that Intel would have received them for $14,000.
There was probably a clause in the contract based on which TSMC could not have been presented in a negative light by Intel, and the ominous statement was suitable for this, so the Taiwanese contract manufacturer could reconsider the original offer. The whole thing is also interesting from the point of view that today Intel has more and more eggs in TSMC’s basket – if we can use the wording of the original statement.
Source: prohardver.hu
