Lip-Bu Tan, chief executive of Intel, addressed concerns that a former TSMC executive allegedly hired by Intel could have brought the foundry's trade secrets to the U.S. chipmaker in a bid to help it improve its production capabilities, triggering an investigation by Taiwanese authorities. The head of Intel dismissed claims that this could happen at all and insisted that the company respects IP.
"It is rumor and speculation," Lip-Bu Tan told Bloomberg on the sidelines of the Semiconductor Industry Association Awards. "There is nothing to it. We respect IP."
