Intel’s R&D Leadership Shuffle Sparks Trade Secret Concerns Amid Stock Dip
Intel's stock (NASDAQ:INTC) edged lower Tuesday as reports surfaced that Wei-Jen Lo, the chipmaker's newly appointed R&D head, may have brought sensitive Taiwan Semiconductor Manufacturing (TSM) documents to his role. The 2nm and A-series process files in question could trigger legal action from TSMC and potential national security scrutiny.
The alleged transfer of proprietary technology marks TSMC's second major leak incident this year. Meanwhile, Intel investors shrugged off early Optimism about its Panther Lake architecture, focusing instead on the unfolding corporate espionage narrative.