
TSMC's newly elected board of directors elevated Dr. C. C. Wei, the chipmaker's current CEO, to Chairman. This happened today in Taiwan during the company's 2024 Annual Shareholders' Meeting, and Wei came out of the gates swinging.
On the day Wei became chairman of the world's largest semiconductor firm, Taiwan's Business Today reminded us that, back in February, Wei insisted that Samsung and Intel "have no way to compete with TSMC." Moreover, when Bloomberg columnist Tim Culpan asked Wei about Sam Altman's plans to build AI fabs after he visited a TSMC facility, Wei replied, "Sam Altman, he’s too aggressive, too aggressive for me to believe." (via X)