Technology bigwig Intel Corporation’s (NASDAQ: INTC) CEO Patrick Gelsinger has reportedly met with Korean semiconductor giant Samsung Electronics’ top brass for possible talks of collaboration, The Korea Herald stated. Intel has been in a tough spot since last year due to the stiff competition from other chip giants, mainly Taiwan Semiconductor (TSM). INTC stock has lost nearly 15% year to date. Chip Giants Discuss Collaboration According to the report, Gelsinger flew to Seoul after attending the 2022 World Economic Forum in Davos, Switzerland. He met with Samsung Electronics Vice Chairman Lee Jae-yong; Co-CEO, Kyung Kye-hyun; Head of Samsung Mobile, Roh Tae-moon; and a few others from various chip-making divisions.
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