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Benzinga
Benzinga
Business
Mohd Haider

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

Nvidia Nasdaq Reed Hundt INTC FCC Intel Corporation Semiconductor AMD General Electric
Santa,Clara,,Ca,,Usa,-,Nov,22,,2023:,Intel,Corporation's

Four former Intel directors, including former U.S. Trade Representative Charlene Barshefsky and former FCC Chair Reed Hundt, are calling for Intel Corp. (NASDAQ:INTC) to go private as the company struggles to regain its footing in the global semiconductor market.

Writing in Fortune, they argued that Intel's conglomerate structure is outdated and that separating design and manufacturing units is critical to restoring competitiveness.

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