Is there a way to save Intel? The former director general of Intel, Craig Barrett, thinks, and this is not the way the former members of the company’s board of directors suggest.
Intel should ask a number of its customers to invest a total of $ 40 billion in the company to ensure a regular offer of flea, wrote the former director general of the company during the weekend.
Barrett’s comments are intervened while the current CEO LIP-BU Tan is expected to meet President Trump on Monday in the White House, according to a report. However, the meeting does not appear on Trump’s public calendar.
Intel faces many crises. On the one hand, the company has already announced the layoffs of thousands of employees, dating back to last year. Although Intel has asked billions of the US government in the framework of the flea law, he warned that he could leave the flea manufacturing if he cannot find a customer for his 14A manufacturing process. The process 14a follows the 18a process, the Foundation of Panther Lake, which, according to Tan, remains on the right track. But Trump also demanded that Tan will resign, citing Tan’s ties with a number of Chinese companies in his role of venture capital.
In the meantime, the former director general of Intel, Craig Barrett, weighed with a list of explosive reflections on the issue. Barrett, writing in Fortune, is the former 86 -year -old CEO who took the reins to Intel in 1998, succeeding the emblematic Andy Grove. Barrett supervised the Pentium III and the Pentium 4, as well as the first days of the XXon processor.
An investment in the future
In Barrett’s mind, customers should invest in Intel to ensure a stable (and American) semiconductor offer. “Neither Samsung or TSMC are planning to bring their cutting edge to the United States in the short term,” he wrote. “American customers like Nvidia, Apple, Google, etc. need and must understand that they need a second source for their manufacture of main products due to pricing, geographic stability and security reasons for supply lines. ”
Barrett suggested that Intel customers invest $ 40 billion “competitive” dollars in the company.
“Where does the money come from? Customers invest in a piece of Intel and a guaranteed offer,” wrote Barrett. “Why should they invest? Inner supply, second source, national security, lever effect in negotiations with TSMC, etc. And if the USG meets together, they catalyze the action with a 50% rate (or regardless of the number of Trump) on domestic semiconductors. (Imphase Barrett.)
Fortune, which has apparently dug its list of contacts to request advice on the Intel issue, previously published an opinion written by former members of the Board of Directors arguing that Tan should be dismissed and that the company broke out. “Be serious,” wrote Barrett.
“By all means, if you want to complicate the problem, then take the time to divide Intel and make the FFWBMS [the “four former wise board members”] Happy but if you are in the field of Intel savings and its main manufacturing force for the United States, solve the real problem – immediate investment in Intel, committed customers, national security, etc.
