
‘Let’s stop talking about breaking up Intel as the only solution.’
Amid ongoing discussions regarding Intel’s future after a disappointing 2024, Craig Barrett, the former CEO of Intel, has voiced his opinion. He argues that splitting the company, as suggested by previous board members, would hinder its potential. Barrett notes that, as Intel’s technology improves, there’s little reason to dismantle a company with over 100,000 employees.
In an opinion piece for Fortune, Barrett highlighted that the board comprises academics and former government officials, emphasizing that they might not have the necessary expertise for decision-making in the competitive semiconductor sector. He advocates for Gelsinger’s return, stating he should be reinstated to lead the company effectively.
Barrett asserts that Intel is making strides to regain its competitive edge against companies like TSMC and stresses the importance of capitalizing on recent technological advancements rather than considering a breakup. He concludes that maintaining cohesion is vital for continued growth and innovation in the semiconductor market.