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

Four former Intel directors are advocating for Intel Corp. to go private, citing its outdated conglomerate structure and the need for separation of design and manufacturing units to regain competitiveness in the semiconductor market. They propose a government-led buyout of public shareholders, allowing Intel to restructure and compete with rivals like TSMC. The plan, reminiscent of General Electric's breakup, aims to create jobs and enhance national security. Analysts project significant revenue potential from the Nvidia-Intel partnership, estimating $25-50 billion annually. Intel's stock recently surged 28% following the announcement.
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