Free Republic

Intel late on Tuesday [Mar 2026] announced that its board of directors had elected Dr. Craig H. Barratt as independent chairman, who will assume his role in mid-May after the company's Annual Stockholders’ Meeting. Craig H. Barratt, who has an engineering background, will replace Frank D. Yeary, who will retire from Intel's BoD after spending around 17 years there. Barrat replaces Frank D. Yeary, who has a financial background and who once tried to split Intel into products and manufacturing companies and then get rid of the company's manufacturing assets. Instead of splitting Intel, Craig H. Barratt seems to envision...

In a significant development for the tech and semiconductor industries, Apple and Intel have struck a preliminary agreement under which Intel will manufacture some of the chips that power Apple devices. The news, reported by Robbie Whelan and Rolfe Winkler for The Wall Street Journal on May 8, 2026, marks a notable comeback effort for Intel and highlights ongoing efforts to strengthen domestic U.S. chip production. The Role of the Trump Administration: The U.S. government played a pivotal role in facilitating the deal. Last summer, the Trump administration converted nearly $9 billion in federal grants into a roughly 10% stake...

@EdwinLandy It was an appropriation made by Trump unlawfully. The money was supposed to go to Intel's performance of grant objectives, but instead of that, Trump changed it that they just have to give up stock for the money. Grants are not free money. They are a special kind of contact. Anyway, there is no legal authority behind his actions, so he'll handle it however he wants until someone successfully challenges him.