Intel board chairman Frank Yeary attempted to spin off Intel Foundry or even sell it to TSMC earlier this year, but faced strong opposition from Lip-Bu Tan, chief executive of Intel appointed in March, reports the Wall Street Journal. Reportedly, other directors supported Yeary, but clashes on the board began, eventually resulting in the failure of Lip-Bu Tan's strategic initiatives. The WSJ report claims that the Intel board maintains its official support for Tan, but his leadership is under mounting strain internally and externally.
