'Fire The Intel Board,' Says Former CEO Craig Barrett As He Pushes Back On Breakup Plans, Urges Focus On Chipmaking Wins

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'Fire The Intel Board,' Says Former CEO Craig Barrett As He Pushes Back On Breakup Plans, Urges Focus On Chipmaking Wins - Benzinga

Quick Summary:

What Happened: In an opinion piece published in Fortune on Saturday, Barrett pushed back against the idea—proposed by former Intel directors—that Intel should split its foundry business from its chip design division to better compete with TSMC.

Former Intel Corp.(NASDAQ:INTC) CEO Craig Barrett has strongly criticized calls to divide Intel's business, arguing that the company should focus on its recent chipmaking breakthroughs instead.

Broadcom has been exploring a bid for Intel’s chip design and marketing business, seeking a partner to take over the manufacturing unit.