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Former Intel CEO Craig Barrett outlines rescue plan to save Intel and America's advanced chip manufacturing
Intel needs a cash infusion of roughly $40 billion to remain at the leading edge of chip manufacturing, according to former CEO Craig Barrett. The U.S. government is unlikely to be the main savior—instead cash rich chip customers like Nvidia, Apple, and Google need to step up.
Fortunately 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. It is also extremely hard to imagine Intel really competing with the likes of Nvidia, Apple, Meta, Google, Dell, etc in their well established product lines. POTUS and DoC can set the stage, the customers can make the necessary investments, the Intel Board can finally do something positive for the company, and we stop writing opinion pieces on the topic.
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