The day after Trump’s invitation, Trump invites Intel president “conflicts”, former managers invite a new company, a new council and a new executive director

In a rare collective statement submitted exclusively to luckThe former directors demanded that the CEO of Lip-Bu Tan be overthrown and called for a radical restructuring that would revolve around the Intel arm in Intel to an independent company to secure the domination of the American chip industry.

Noting that this issue must be decided by the current Intel Council and its shareholders, the group – the group – – Charlin Parchvskyand Red Hondand James BlammerAnd David Yopi– Determine that the company is in the fourth CEO in seven years with a little improvement in the results. They argued that only a dramatic break can restore the competitiveness of Intel, and they have been argued in a special transaction for Intel’s
“Foundry” works, the origins of manufacturing from which Intel produces semiconductor chips for their own products and third -party customers. These advanced chips manufacturing facilities are increasingly leading for President Donald Trump, his Chinese counterpart Xi Jinping, and watching the entire technology industry with the development of the drama.

Intel has been a long period of time the leading company, but it failed to NVIDIA, TSMC and other players in recent years, as Barshefsky, Hundt, Plummer and Yofie have argued on pages luck. Intel has two main companies, one of which is mascara and the other is simply called Intel productsWhich includes accurate treatments for a personal computer and server, as well as network and software equipment. Both are necessary for computing, but only the cable is the key to national security, which was a major point in the commercial talks between Trump and Shi. The group of previous managers argued that dividing the chips of chips from the rest of Intel would directly address both competitors in the market and the country’s strategic need into advanced semiconductors.

To make the new manufacturing company competitive with TSMC, the former managers called for the remaining match under the Chips Law to go to obtain the Intel manufacturing assets and create a new and independent manufacturing entity, as it “would persuade American design companies to put applications.” This would put the new company to be able to provide an alternative to TSMC, “for the advanced chips needed for the data center and other commercial purposes and national security requirements.”

Installation

This statement comes with intensification of pressure on Intel, After publicly summoned President Donald Trump As for the resignation of lips, CEO of Lip-BU Tan, about his “conflicting” position and his alleged relationships with Chinese technology companies. Trump’s request, which was published on the social truth Thursday morning, sent shock waves across the American technical circles and addressed quick responses from the company.

Tan responded in a letter to the employees, It was publicly posted on the Intel websitePraying that there was “wrong information” about his career and previous leadership roles. The besieged CEO said that Intel “participates” with the White House Trump “tackled the things that were raised and confirmed that they have the facts.” He added that he is fully involved in the president’s commitment to the progress of American national and economic security.

President Trump’s intervention was followed by Senator Tom Couton’s warnings about reports of Tan’s previous investments in Chinese companies, and some of them are linked to the Chinese army. Trump’s request to change the immediate CEO has raised a 3 % decrease in Intel shares on Thursday, which increased a dispute at the level of the board Nafidia And AMD.

In his observation of the employees on Thursday, Tan defended his integrity and claimed that the current council “fully supports” the current work in Intel, while insisting that over the four decades in the industry, he was “working always within the highest legal and ethical standards.”

Intel did not immediately respond to a request for comment.

In a previous statement to luckHowever, the company prompted criticism, saying that the Board of Directors and the CEO of the lips “are deeply committed to the progress of the American national and economic security services”, and “large investments were in line with the first American agenda.”

Intel has noticed that it was manufactured in the United States 56 years ago and invests billions of dollars in R&D, semiconductor and manufacturing, including a new ARIZONA FAB that will manage the most advanced operating technology in the country. The company added that it is “the only company that invests in developing the pioneering logical processes in the United States” and said it is looking forward to “continuous communication with the administration.”

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