INSIDE INTEL, CEO PAT GELSINGER FUMBLED THE REVIVAL OF AN AMERICAN ICON

Summary from the TLDR newsletter

Pat Gelsinger took the reins as Intel CEO three years ago with hopes of reviving the American industrial icon. At the time, Intel had a deal going with Taiwan's TSMC where TSMC would make chips that Intel designed but could not produce at a deep discount. Gelsinger offended TSMC by calling out Taiwan's precarious relations with China, resulting in TSMC deciding to no longer honor the discount. Gelsinger's affront to Taiwan was part of a series of missteps, covered in this article, during his time as Intel CEO.