Former Intel Directors Call For Trump And Nvidia To Take Chip Giant Private: ‘Hope Is Not A Strategy’

Four former Intel directors, including former U.S. Trade Representative Charlene Barshefsky and former FCC Chair Reed Hundt, are calling for Intel Corp. INTC to go private as the company struggles to regain its footing in the global semiconductor market.
Writing in Fortune, they argued that Intel’s conglomerate structure is outdated and that separating design and manufacturing units is critical to restoring competitiveness.
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Intel, once the undisputed leader in both chip design and fabrication, has faced years of declining performance while rivals like Taiwan Semiconductor Manufacturing Company (TSMC) surged ahead. Now, with the Donald Trump-led U.S. government holding just under a 10% stake and Nvidia Corp. NVDA owning about 5%, the former directors see an opening.