Former Intel board members are suggesting that Intel should consider going private and splitting into separate foundry and chip design units following the recent NVIDIA deal and stake acquisitions by the US government.

The proposal aims to focus on building products rather than meeting financial goals for stakeholders. The creation of a successful foundry could benefit the Trump administration and semiconductor design firms.

Going private could also help Intel retain AI talent and advance in emerging industries. However, complications of going private include the need to sell all public stock and address shareholder concerns.

The former board members believe that Intel needs a different strategy to address its financial challenges and see an opportunity presented by the recent NVIDIA deal.