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Intel: Time to Break up the Mothership

Intel CEO Pat Gelsinger may be planning a deeper restructuring of the company than the proposed IPO of its Mobileye unit implies.
Intel: Time to Break up the Mothership
Intel: Time to Break up the Mothership

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By Bolaji Ojo

What’s at stake?
Intel has long ruled the semiconductor world, but its dominance is coming to an end. The proposed IPO of its Mobileye division heralds a new dawn marked by the potential breakup of the industry icon.

Intel Corp. wants to hang on as the majority shareholder at Mobileye after it takes its automotive-IC subsidiary public in 2022. That status will last only a few years following the initial public offering. The same forces that led CEO Pat Gelsinger to reconsider Mobileye’s position as an integral part of Intel’s continuing operations will compel the full separation of the unit and result in even more fundamental changes at the parent.


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