Intel CEO Pat Gelsinger speaks at Intel Vision event in Arizona, in April 2024 (Photo: Intel)
By Peter Clarke
What’s at stake:
The break-up of the decades-long leader of the semiconductor industry would likely cause dramatic shifts in the semiconductor landscape. It would not only dent U.S. pride but could also undermine certain aspects of the American government’s technology policy and its CHIPS and Science Act.
The signs are mounting up that chip giant Intel Corp. is not long for this world – at least not in the form familiar to most industry observers.
Intel is now considering its strategic options, including splitting its product and chip manufacturing businesses, a potential sell-off, and whether certain factory projects might need to be delayed or cancelled, according to a Bloomberg report citing unnamed sources “familiar with the matter.”