Four former Intel board members say Intel is in the process of "gradual exit" from chip manufacturing and the US needs to act fast to save the company's fabs before "the rust of time makes them worthless". Writing in Forbes, the four industry veterans paint a dire picture of the state of Intel.
Charlene Barshefsky, Reed Hundt, James Plummer, David B. Yoffie have combined tenure of over 70 years on the Intel board and it's safe to say they are worried, really, really worried. The quartet describe "missed deadlines, poor execution, and a misguided strategy" for Intel's current woes, the consequence of which is that the "once-leading Intel" now appears to be "dropping out of the race" to manufacture the most advanced chips.
