Sou Hu Cai Jing·2025-08-13 09:56Core Viewpoint - Intel's recent turmoil highlights the unusual intervention of political figures in corporate governance, particularly following Trump's public demand for the resignation of Intel's CEO due to perceived conflicts of interest [1][2]. Group 1: Corporate Actions and Reforms - Intel's new CEO, Chen Liwu, initiated significant reforms, including a workforce reduction of over 20% aimed at eliminating bureaucracy and streamlining decision-making processes to focus on strategic areas like AI chips and custom semiconductors [1][2]. - Chen reaffirmed Intel's commitment to advanced process technology, including the mass production of the 18A process technology and the development of the Nova Lake processor [1]. Group 2: Political Influence and Corporate Response - Trump's demand for the CEO's resignation was unprecedented and sparked significant controversy, reflecting the growing trend of political figures influencing corporate decisions [2][4]. - Following Trump's public comments, Chen reached out to the White House, resulting in a meeting with Trump, who later praised Chen's story and leadership [2]. Group 3: Broader Implications for the Industry - The incident with Intel is part of a larger pattern of political interference in corporate affairs, as seen in Trump's previous actions regarding other companies like Walmart and Coca-Cola [4][9]. - The increasing influence of non-market factors on corporate governance may lead to a shift in focus away from technological innovation and global strategy, potentially altering the landscape of the business environment [9].