Oh man, this is such a great lesson to teach kids interested in business: If you're (A) reliant on a supply chain partner, and (B) that supply chain partner is giving you non-obligatory preferential treatment, and otherwise meeting all of their commitments, then (C) do not go out of your way to say anything that would make them look bad. However arrogant you feel, be careful to speak no ill of them, not even privately.
This is lemonade stand stuff, not even "Business 101," and that Gelsinger made such a gaffe is just odd.
That TSMC so quickly voided the discount shows who really had the upper hand, anyway.
The other piece of this is Gelsinger was given billions in the Chip Act and he's apparently "frustrated" with the USG's pace of giving him his handout. So on one hand Gelsinger blatantly screws Intel and then turns around to complain [0] he's not being given his money quickly enough? This is guy is something else - a CEO he is not.
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[ 3.7 ms ] story [ 16.2 ms ] threadThis is lemonade stand stuff, not even "Business 101," and that Gelsinger made such a gaffe is just odd.
That TSMC so quickly voided the discount shows who really had the upper hand, anyway.
Though Gelsinger is only the latest in a long string of American CEO's who've suffered from Obsessive-Compulsive Third Rail Licking Disorder.
What would be the legality of Executive Search Committees requiring candidates to submit to psychiatric examinations, to guard against such disasters?
[0] https://www.tomshardware.com/tech-industry/intel-ceo-is-frus...