Reading this WSJ article about the behind-the-scenes battle between Intel CEO Lip-Bu Tan and board chair Frank Yeary, amid President Trump’s call for Tan to resign, reminds me of the sad fate of our very own Digital Equipment Corp. (DEC). Both Digital and Intel were once colossal giants within their respective tech sectors – giants that went into spectacular nosedives after failing to see looming market trends. Digital ultimately spent years in turmoil, thrashing this way and that, before selling off to Compaq in 1998. Intel, which recently sold off its former chip facility in Hudson, is still in its own turmoil stage, searching for ways to survive and revive. … What is its future? I’m actually rooting for Tan to succeed. He’s not giving up on Intel’s core chip businesses. But I fear Yeary, a former investment banker, might be right about the need to effectively pack it in.
Update – Tan is defending himself afterTrump’s public demand he step down due to his China ties.
Update II — 8.12.25 – From the WSJ: “Forget the White House Sideshow. Intel Must Decide What It Wants to Be.”
