Now lets see how this whole mess will de-tangle. I wouldn’t be surprised if some fundamental change is coming. It’s astonishing that a company with projects of national and international security concerns was allowed to be so badly managed.
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If the government steps in it will only save the parts it needs. Intel if it is even called that afterwards will be about 10% the size it is currently. Most people would lose there jobs so I wouldn’t count on to big to fail to get out of this mess.
Saf (Intel CSO who sits on DOD business board) seems committed to the secure enclave project. The rest of Foundry could probably disappear without directly impacting national security.
I agree, I don’t see how the US government can let the Intel infrastructure fail. The whole point behind the Chips act was to keep chips onshore so we aren’t reliant, and at the political whim of, on foreign countries. Intel has all of the pieces.
There have been some gross missteps in marketing and management…..being too smug & comfortable was a stupid action plan for the future.
I can’t see the government taking over Intel, at least I hope not, but clearly throwing money at it isn’t helping. I hope the BoD is supporting some miracle plan and that the new product lines pull Intel out of this. Already, with the money they spend on resources/personnel they have in house, I question all of the money they are apparently spending on consultants to tell them their business. It strikes me as very strange….but maybe everyone is banking on Intel being too much of a security risk to allow to fail.