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Intel is backing its recent executive appointment, Wei-Jen Lo, following allegations of trade secret theft leveled against him by TSMC. TSMC’s lawsuit and a parallel investigation by Taiwanese prosecutors are casting a shadow over the hire. Intel asserts it has no grounds to suspect Lo of breaching any confidentiality agreements. The controversy comes at a sensitive time, with the US government investing heavily in Intel as it aims to compete in the burgeoning AI market, a sector currently dominated by TSMC. This legal battle underscores the fierce rivalry and stringent intellectual property protections within the competitive semiconductor landscape.
