Former Intel CEO Calls for Board Overhaul and Gelsinger's Reinstatement
Craig Barrett criticizes Intel's board and opposes splitting the company, urging a focus on its technological resurgence under the 18A process node.
- Craig Barrett, Intel's former CEO, has publicly called for the firing of the company's board and the rehiring of ousted CEO Pat Gelsinger to restore leadership stability.
- Barrett strongly opposes proposals to split Intel's chip design and foundry businesses, labeling the idea as counterproductive to its recent technological advancements.
- Under Gelsinger's leadership, Intel achieved parity with TSMC at the 2nm node and made strides in advanced chip technologies, including the 18A process and backside power delivery.
- Barrett argues that Intel's renewed focus on the 18A process node positions the company to compete effectively in the semiconductor industry without restructuring.
- Speculation persists about potential acquisitions of Intel's assets by Broadcom and TSMC, but Barrett warns that such moves could undermine Intel's progress and momentum.