The Death of Intel: When Boards Fail

Pat Gelsinger’s departure from Intel was more of a firing than a retirement, highlighting the frustrations the board likely had with him. He had a brief tenure, but his technical competence was unparalleled compared to previous CEOs. The board, composed of members with minimal semiconductor experience, is at fault for the company’s current state. Potential initiatives include splitting the company and selling off parts like Mobileye and Altera. However, this short-term gain strategy may not benefit the company, its shareholders, or America in the long run. The board’s lack of adequate qualifications and passive shareholder behavior have led Intel to a downhill trajectory, further exacerbated by Pat’s firing.

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