With Intel under the unorthodox leadership of two interim co-CEOs following the abrupt exit of Pat Gelsinger in late 2024, the company appears indecisive at a critical crossroad: should it continue to plow ahead with Gelsinger's Fab-focused, winner-takes-it-all gambit or try to resurrect some shareholder value by offloading its chip fabrication facilities? Today, Baird is out with some distinctive insights into this dilemma. To wit, Baird analyst Tristan Gerra has cited "discussions from the Asia supply chain" in a new investment note to suggest that Intel might be pivoting towards a closer collaboration with TSMC to get its struggling fabrication […]
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