https://thehill.com/policy/technology/5440593-donald-trump-lip-bu-tan-intel-resignation/
14 replies (most recent on top)
@an well, it then could be run like how nasa is now. A government owned semi company would be awful
Read the writing on the wall: Intel fab will be shut down/bankrupt and the tools will be sold to the government and/or multiple corporations as a new national semiconductor company. This could have been the plan all along. Intel is DONE. Stick a fork in it.
I think some of us are a little delusional. The new American National Semiconductor corporation will not be named Intel.
I think Trump has been recently educated on how important is Intel for the US. If Intel dies, TSMC will have complete dominance. We can save Intel but need better leaders.
Haha
I’d love to see LBT in front of a congressional committee. With his broken English he’ll seal his own fate as a Chinese sympathizer
@a8 This approach out to appeal to the communist sympathizers, Dictator Xi, and those inflicted with TDS
They should have gifted him a plane or free trip to Epstein island
As long as the RTO is reversed, I fully support LBT leaving ASAP. No matter how good he might do, this alone makes him persona non grata.
I like Intel for the most part, but it needs a different board and upper management. This is what needs to be done to fix Intel at this point. Take a closer look at what is important and what should be prioritized. It never made sense to me that core parts of the company get a shoe string budget while there are 50 other boondoggles taking the spotlight. Fire about 70% of the VPs just to get the ball rolling.
Looks like Intel may be nationalized or otherwise forced into a breakup and sold off to the various companies the Board was talking to last year.
Foundry goes to TSMC and some smaller foundries and ProdCo goes to Broadcom, Qualcomm, AMD.
LBT has said he divested from earlier investments in companies that had ties to CCP, now he has to prove that.
But I think the real effort here is to break up the company and sell it off, so they need LBT out of the way. He was likely going to do that anyway, but on his terms and not those of D.C. politicians.
There are a few posts on this:
https://www.barrons.com/articles/intel-stock-price-trump-ceo-resign-77c06733
https://www.cnbc.com/2025/08/07/intel-ceo-trump-lip-bu-tan.html
This could be viewed as the government seeing Intel as too big to fail. It doesn't mean the company will exist as it is today but I would see this as a sign that the manufacturing side needs to survive for US security reasons. Plenty of replacements for the products by other US companies.
If he's upset about Lip's background, just wait until he hears about the fabulous DEI shenanigans that continue to go on and play out!!!
Finally something I actually agree with Trump on