Trump says Intel has agreed to a deal for US to take 10% equity stake

[user nl]

Since the money was granted in 2022, shouldn't its value be calculated based on 2022's stock price?

It should be 5% at most.
And anther 5% option？
This is crazy.

From Motorola to Intel, Black Stone to Black Rock

From Motorola to Intel, Black Stone to Black Rock

Motorola, once a dominant force in telecommunications and semiconductors, saw its decline and eventual breakup due to strategic missteps, competitive pressures, and rapid technological shifts. Motorola Mobility was sold to Google in 2011 for $12.

www.linkedin.com

 

[user nl]

AMD is doing well but Global Foundries is not. We need Intel's foundry, not its fabless division.

Split Intel, merge IFS with UMC and GlobalFoundries in AT-Foundry Services, move some fab-engineers from UMC to IFS and let them fix-up IFS.

Will be a nice cultural&business merger to have Taiwan's second Foundry merge with what's left of Intel's Foundry people. Perhaps by now, Summer 2025, also more "second rate" people, where the best and brightest Intel Technology R&D and Fab people have left already during the last 3-5 years?

Start doing T-like foundry services for the GLOBAL fabless semi-industry and see that it slowly recuperates the coming 5-10 years.

And kick that whole Intel Board out, especially those financial "engineers" (aka dumb casino croupiers enabling to play blackjack with other people's money, a very fun intellectual game as that Nobel Laureate once said) like Chairman Darwin Yeary who approved (and shaped) all Intel's strategy since 2009!

Darwin's survival of the fittest has decided it's time for Yeary to be kicked off his "alpha-croupier-(Black)rock" and be converted to the semiconductor-ashes-of-history!

And for the marketing dumbos aka as Semi-Industry Strategic Visionairs Bessent, Lutnick and POTUS:

AT-Foundry Services means American Trump Foundry Services, or American-Taiwan Foundry Services, and Advanced Technologies Foundry Services and provides all of these names for the same price: Biden's chips-act money!

AT-FS provides everything from A18, Intel 7/4, and all the UMC & Global Foundry services, and many in a T-like co-developing eco-system!

Now Intel Board: bite the bullet while the crisis lasts, DO NOT WASTE this crisis, and then Get The F...out of the way!

PS Yeary: please wire 1% of Darwin's 2024-revenue as consulting fee commision to Dan@SemiWiki

 

[essiah]

Split Intel, merge IFS with UMC and GlobalFoundries in AT-Foundry Services, move some fab-engineers from UMC to IFS and let them fix-up IFS.

Will be a nice cultural&business merger to have Taiwan's second Foundry merge with what's left of Intel's Foundry people. Perhaps by now, Summer 2025, also more "second rate" people, where the best and brightest Intel Technology R&D and Fab people have left already during the last 3-5 years?

Start doing T-like foundry services and see that it slowly recuperates the coming 5-10 years.

And kick that whole Intel Board out, especially those financial "engineers" (aka dumb casino croupiers enabling to play blackjack with other people's money, a very fun intellectual game as that Nobel Laureate once said) like Chairman Darwin Yeary who approved (and shaped) all Intel's strategy since 2009!

Darwin's survival of the fittest has decided it's time for Yeary to be kicked off his "alpha-croupier-rock" and be converted to the dust-of-history!

And for the marketing dumbos aka as Semi-Industry Strategic Visionairs Bessent, Lutnick and POTUS:

AT-Foundry Services means American Trump Foundry Services, or American-Taiwan Foundry Services, and Advanced Technologies Foundry Services provides all of this for the same price: Biden's chips-act money!

AT-FS provides everything from A18, Intel 7/4, and all the UMC & Global Foundry services, and many in a T-like co-developing eco-system!

Now Intel Board: bite the bullet while the crisis lasts, DO NOT WASTE this crisis, and then Get The F...out of the way!

PS Yeary: please wire 1% of Darwin's 2024-revenue as consulting fee commision to Dan@SemiWiki

Not just intel board but the entire upper management of intel as well.

 

[user nl]

Short follow-up on AT-FS:

Revenue 2024 (US$): IFS 17.5 , GF 6.7 , UMC 6.5
so total 2024 revenue for AT-FS is 31 B-US$

So, a solid second place in the global ranking behind TSMC with 90 B-US$. So, AT-FS has about 33% of TSMC's revenue in 2024; seems OK for a merger starting in Jan 2026!

Appoint a dual CEO to AT-FS: Tim Breen and Jason Wang and let them shape AT-FS:

Tim Breen:

Tim Breen | GlobalFoundries

gf.com

Jason Wang: https://www.umc.com/en/Html/managem...rves as,& marketing, and customer engineering.

 

[tomatoma]

They do have options. But just as in the past 20+ years, those options are dismissed one by one, primarily because Intel insists on staying as an IDM.

Pat Gelsinger became Intel’s CEO on February 15, 2021, and was 'retired' on December 1, 2024. How many opportunities, time, and money were wasted between his hiring and departure in order to keep Intel as an IDM? The same excuses and repeated illusions are pushing Intel toward a point beyond recovery.

As I’ve said several times here on SemiWiki, Intel’s customers and competitors won’t wait. They’re moving forward at an accelerated pace, with or without Intel.

PAT is ineffective
Intel can't get over it anymore, even if Im stopped

 

[tomatoma]

Understood.

In my opinion the world needs alternatives for semiconductor manufacturing. For Intel Foundry to be competitive they need customer collaboration, as Apple provided TSMC for their FinFET generation of processes. So how does Intel get there?

A competent CEO is a good start. Intel has not had one since Andy Grove in my opinion but I think everyone can agree that BK and PatG were not. Hopefully we can also agree that Lip-Bu Tan is a competent CEO just given the last 5 months at Intel.

Proper financial backing. Lip-Bu seems to be doing a good job there. He certainly has plenty of experience in that space.

What is next?

BK is the worst

 

[tomatoma]

We need more real foundries, not half-baked IDM-owned foundries.

The AMD–GlobalFoundries split already provides an example of how Intel could separate its Product and Foundry businesses. It wasn’t perfect, but it worked and can be fine tuned for Intel.

Promoting public and/or private funding for these two independent businesses would be far more feasible than the current spaghetti-like, conflict-of-interest–infested Intel structure.

Intel has no future
Even if you separate it, it will be ruined