Intel CEO Forced Out by Board Frustrated With Slow Progress
#3

Under his leadership, Intel invested about USD 1.4 billion in China and recently another 300 million in Chengdu. As a result of the heavy investment in China, the US administration delayed giving them their Chip Fund until very recently, with the condition that it can only be used to supply military products to the US. On the other hand, China played them out by not approving Intel's deal to buy Tower Semiconductor and they had to pay a few hundred million for backing out. Intel got a double whammy under his leadership.


Omi.. Thank you for bumping up the message.
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Messages In This Thread
Intel CEO Forced Out by Board Frustrated With Slow Progress - by Levin - 03-12-2024, 08:23 AM
RE: Intel CEO Forced Out by Board Frustrated With Slow Progress - by sgbuffett - 03-12-2024, 08:41 AM
RE: Intel CEO Forced Out by Board Frustrated With Slow Progress - by teaserteam - 03-12-2024, 08:48 AM
RE: Intel CEO Forced Out by Board Frustrated With Slow Progress - by sgbuffett - 03-12-2024, 09:21 AM
RE: Intel CEO Forced Out by Board Frustrated With Slow Progress - by Niubee - 03-12-2024, 09:56 AM
RE: Intel CEO Forced Out by Board Frustrated With Slow Progress - by teaserteam - 03-12-2024, 10:18 AM
RE: Intel CEO Forced Out by Board Frustrated With Slow Progress - by talky - 03-12-2024, 01:06 PM
RE: Intel CEO Forced Out by Board Frustrated With Slow Progress - by RiseofAsia - 03-12-2024, 08:49 AM
RE: Intel CEO Forced Out by Board Frustrated With Slow Progress - by cityhantam - 03-12-2024, 09:39 AM
RE: Intel CEO Forced Out by Board Frustrated With Slow Progress - by revealer - 03-12-2024, 09:01 AM
RE: Intel CEO Forced Out by Board Frustrated With Slow Progress - by ODA TETSURO - 03-12-2024, 09:30 AM
RE: Intel CEO Forced Out by Board Frustrated With Slow Progress - by starbugs - 03-12-2024, 02:17 PM
RE: Intel CEO Forced Out by Board Frustrated With Slow Progress - by cityhantam - 05-12-2024, 09:20 AM
RE: Intel CEO Forced Out by Board Frustrated With Slow Progress - by talky - 05-12-2024, 07:41 PM
RE: Intel CEO Forced Out by Board Frustrated With Slow Progress - by cityhantam - 05-12-2024, 08:34 PM
RE: Intel CEO Forced Out by Board Frustrated With Slow Progress - by talky - 07-12-2024, 01:43 PM
RE: Intel CEO Forced Out by Board Frustrated With Slow Progress - by cityhantam - 07-12-2024, 01:45 PM

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