
Four former Intel directors recently penned an opinion piece in *Fortune*, critiquing TSMC’s dominance over Intel’s foundry operations. They urged Intel to consider spinning off its production operations into an independent American entity. The joint letter was signed by David B. Yoffie (a Harvard Business School professor with expertise in high-tech business strategies), Reed Hundt (former chairman of the Federal Communications Commission), and Charlene Barshefsky (a lawyer and former U.S. Trade Representative).
Speculation has grown that the U.S. government is pushing Intel and TSMC to form a joint venture worth approximately $108 billion, which would take over Intel’s production facilities. The former Intel directors highlighted the potential risks of allowing TSMC, a foreign entity, to dominate advanced chip production in the U.S. They warned that this could lead to a near-monopoly, weakening America’s technological leadership. [*Tom’s Hardware*]