Overview
- Craig Barrett, former Intel CEO, has publicly rejected proposals to divide Intel into separate design and foundry businesses, citing potential distractions and complications.
- Barrett emphasized the importance of Intel's 18A process node, which he believes could help the company close the gap with TSMC in advanced semiconductor manufacturing.
- He criticized Intel's board for its role in the company's decline over the past decade, calling for a leadership overhaul and stronger semiconductor industry expertise.
- Barrett argued that ousting former CEO Pat Gelsinger was a mistake, praising his contributions to Intel's recent technological breakthroughs and calling for his rehiring.
- Intel has faced significant challenges, including declining revenues, project delays, and questions about its ability to compete in the evolving semiconductor market.