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PC Gamer
PC Gamer
Jacob Fox

'This is not unlocking shareholder value, it's a fire sale': Jim Keller weighs in on a possible 'careless' Intel chip and fab spin-off

photo shows a factory tool that places lids on data center system-on-chips at an Intel fab in Chandler, Arizona, in December 2023. In February 2024, Intel Corporation launched Intel Foundry as the world’s first systems foundry for the AI era, delivering leadership in technology, resiliency and sustainability.

Love it or hate it, if President Trump's tariff-heavy threats have done one thing it's show the world that the US is serious about its chip industry. And if one company is synonymous with the US chip industry, it's Intel. But there are some tides that might be too strong to turn despite a new US administration, and it seems at least some are worried that this might describe Intel.

After plenty of back-and-forth speculation about the possibility of various companies buying up parts of Intel, ex-AMD engineer and current Tenstorrent CEO Jim Keller has thrown his hat into the ring of opinion. Responding to an X post saying the Intel board "reportedly wants to sell off the company to unlock (likely one-time) shareholder value", Keller argues that "this is not unlocking shareholder value, it's a fire sale."

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