Intel Says It’s an Open Question Whether to Break Up Company (2)

December 12, 2024, 9:15 PM UTC

Intel Corp. Chief Financial Officer Dave Zinsner said that a formal separation of the company’s factory and product-development divisions is an open question that will be decided by the chipmaker’s next leader.

Zinsner, who is serving as interim co-chief executive officer following this month’s ouster of Pat Gelsinger, made the remarks Thursday at the Barclays technology conference in San Francisco alongside co-CEO Michelle Johnston Holthaus.

Intel’s struggles to keep pace with rivals — along with its deteriorating financial condition — have spurred speculation that the next CEO will make dramatic changes. That’s included talk of a split ...

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