{"id":73796,"date":"2025-08-11T04:02:08","date_gmt":"2025-08-11T04:02:08","guid":{"rendered":"https:\/\/www.newsbeep.com\/us\/73796\/"},"modified":"2025-08-11T04:02:08","modified_gmt":"2025-08-11T04:02:08","slug":"former-intel-ceo-craig-barrett-outlines-rescue-plan-to-save-intel-and-americas-advanced-chip-manufacturing","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us\/73796\/","title":{"rendered":"Former Intel CEO Craig Barrett outlines rescue plan to save Intel and America’s advanced chip manufacturing"},"content":{"rendered":"

1. \u00a0Yes, the USA NEEDS INTEL, as Intel<\/a> is the only U.S. \u00a0company capable of providing state of the art logic manufacturing.<\/p>\n

2. \u00a0Neither Samsung<\/a> or TSMC plan to bring their state of the art manufacturing to the U.S. in the near term.<\/p>\n

3. \u00a0U.S. customers like Nvidia<\/a>, Apple<\/a>, Google<\/a>, etc needs and should understand they NEED a second source for their lead product manufacturing due to pricing, geographic stability and supply line security reasons.<\/p>\n

4. \u00a0Intel is cash poor and can\u2019t afford to invest in the capacity needed in the future to replace TSMC or even a reasonable fraction of TSMC capacity. \u00a0They probably need a cash infusion of $40B or so to be competitive. \u00a0Realistically that investment is 100% of the Chip Act Capital grants so unlikely the USG is the savior.\u00a0<\/p>\n

5. \u00a0The only place the cash can come from is the customers. \u00a0They are all cash rich and if 8 of them were willing to invest $5B each then Intel would have a chance.<\/p>\n

6. \u00a0The c<\/a>urrent Intel CEO<\/a>\u2019s comments about not investing in new technology (14A)<\/a> until customers sign up is a joke. \u00a0To win in this space you need to be the leader in technology not the follower. \u00a0It takes multiple years to create one of these technologies and no customer wants to sign up for something that is second best.<\/p>\n

7. \u00a0Fortunately Intel has good technology to work with (high NA EUV, backside power, etc) so they have a realistic shot at leadership IF THEY INVEST NOW<\/a>. \u00a0They just need the money.<\/p>\n

8. \u00a0Where does the money come from? \u00a0The customers invest for a piece of Intel and guaranteed supply. Why should they invest? \u00a0Domestic supply, second source, national security, leverage in negotiating with TSMC, etc. \u00a0AND IF THE USG GETS ITS ACT TOGETHER, they catalyze the action with a 50% (or whatever number Trump picks) tariff on state of the art semi imports. \u00a0If we can support domestic steel and aluminum, surely we can support domestic semiconductors.<\/p>\n

9. \u00a0The FFWBMs (four former wise board members) of Intel continue to claim you have to break Intel into two pieces<\/a> before any customer will invest in Intel. \u00a0Be serious. \u00a0There are many company interactions that involve both supply and competition. \u00a0It is also extremely hard to imagine Intel really competing with the likes of Nvidia, Apple, Meta<\/a>, Google, Dell, etc in their well established product lines. \u00a0By all means, if you want to complicate the problem, then take the time to split up Intel and make the FFWBMs happy but if you\u2019re in the business of saving Intel and its core manufacturing strength for the USA then solve the real problem \u2013 immediate investment in Intel, committed customers, national security, etc.<\/p>\n

10. \u00a0POTUS and DoC can set the stage, the customers can make the necessary investments, \u00a0the Intel Board can finally do something positive for the company, and we stop writing opinion pieces on the topic.<\/p>\n

The opinions expressed in Fortune.com commentary pieces are solely the views of their authors and do not necessarily reflect the opinions and beliefs of Fortune.<\/p>\n

Read more Fortune coverage of Intel\u2019s crisis:<\/p>\n

How once-iconic Intel fell into a 20-year decline<\/a><\/p>\n

The day after Trump called Intel\u2019s chief \u2018conflicted,\u2019 former directors call for a new company, a new board, and a new CEO<\/a><\/p>\n

Trump accuses Intel CEO of being \u2018highly conflicted,\u2019 demands resignation as Tom Cotton highlights reporting into China ties<\/a><\/p>\n

Introducing the 2025 Fortune Global 500, the definitive ranking of the biggest companies in the world. Explore this year’s list.<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"1. \u00a0Yes, the USA NEEDS INTEL, as Intel is the only U.S. \u00a0company capable of providing state of…\n","protected":false},"author":2,"featured_media":73797,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[27],"tags":[28178,28,144,32847,3200,6066,21481,4115,6215,41688],"class_list":{"0":"post-73796","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-business","8":"tag-american-manufacturing","9":"tag-business","10":"tag-china","11":"tag-chips","12":"tag-commentary","13":"tag-fortune-500","14":"tag-fortune-500-companies","15":"tag-intel","16":"tag-semiconductors","17":"tag-taiwan-semiconductor-manufacturing"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/73796","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/comments?post=73796"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/73796\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media\/73797"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media?parent=73796"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/categories?post=73796"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/tags?post=73796"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}