[ksec]

>doesn't that mean the board will find someone who agrees with them about spinning off the fab business?

I dont think that is even possible. Given the money they received from CHIP Act. They could spin off x86 business, but may be not the Fab. My guess is that The board actually want Intel to be itself back in the good old days, leading edge node and selling CPU at a premium. Hence they want to scale down their scale of investment on Fabs and possibly focusing capacity for itself only.

Obviously the board doesn't know much about the current Semi market.

[shiroiushi]

>The board actually want Intel to be itself back in the good old days, leading edge node and selling CPU at a premium

Those days are gone and never coming back. How do they get people this clueless on the board anyway?

[ksec]

My guess is that is what those Fund Managers wants. They only invested in Intel for its dividends.

[etempleton]

I think this is probably accurate. I think the board is struggling with the amount of financial outlay and the weaker than expected returns. I don’t think Pat or the board thought things would get this bad before they got better. I do think they could have managed public sentiment a bit better. While they have been struggling it would have been smart to have an enthusiast gaming cpu that outclassed AMD even if it they lost money on it. Most of the tech sites that review cpus are enthusiast oriented. I don’t believe things are as dire as they look for Intel.

[dehrmann]

For national security reasons, the fab side might be too important to fail, and the US government will continue to subsidize them in being 2 years behind TSMC. The x86 business is in a weirder place because switching to the latest TSMC node would be an immediate improvement and its problems are more tractable, but it's less strategically important (another domestic vendor with near drop-in replacements exists), and both datacenter and PC customers are seriously looking at other options.

[ngcc_hk]

Unless tame is a us based fab and a U.S.A. company even. Then … but probably before that Taiwan war started. Hence still have to have U.S.A. base in the next few years.