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Nov 27, 2025 8:10 AM

Intel Stands By Hiring Former TSMC Executive Accused Of Leaking Trade Secrets

Intel Corp. (NASDAQ:INTC) on Thursday said it stands by its decision to hire a former senior Taiwan Semiconductor Manufacturing Company Ltd (NYSE:TSM) executive, two days after the Taiwanese contract chipmaker filed a lawsuit alleging Wei-Jen Lo had leaked trade secrets.

Intel did not immediately respond to Benzinga‘s request for a statement. However, the U.S. chipmaker told Reuters and Nikkei Asia in an emailed statement that it sees no basis for the allegations involving Lo.

The company said that talent movement between companies is routine and healthy for the industry, and emphasized that it remains focused on its mission and confident in the integrity and high standards of its team.

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