
Yesterday, we reported on TSMC's newly filed lawsuit against one of its former executives, Wei-Jen Lo, alleging breach of contract. TSMC believes that Lo's extensive history at the firm carries invaluable "trade secrets" that he could leak to Intel, giving it a competitive advantage. Today, in response to this lawsuit, Intel CEO Lip-Bu Tan reassured employees in an internal memo that the company fully stands behind Wei-Jen Lo and dismissed all allegations as baseless.
Lo joined Intel as Executive Vice President in October 2025, just a few months after leaving TSMC, following his 21-year stint at the company. Lo was one of the highest-ranking execs there, overseeing R&D and manufacturing operations. He brings a unique perspective to the industry, drawing on experience in both chip design and mass production — a skill any semiconductor firm will find indispensable.