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Fortune
Fortune
Charlene Barshefsky, Reed Hundt, James Plummer, David B. Yoffie

It's time for Intel to go private, former board members say

Lip-Bu Tan (Credit: Alex Wroblewski/Bloomberg via Getty Images)

Despite years of troubled performance and failed strategies, the great icon of the semiconductor industry, Intel, has two new major shareholders that can give it new hope for recovery: the United States government, with a bit less than a 10% stake, and the most important design firm in the world, Nvidia, with about 5% ownership. 

The next step is for the government to arrange for Intel to go private. 

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