Intel Products CEO, Michelle Johnston Holthaus, also discussed the possibility of a manufacturing spinoff, as the two co-CEOs wait for Intel’s board to find a Gelsinger replacement. “Pragmatically, do I think it makes sense that they’re completely separated and there’s no tie? I don’t think so. But someone will decide that,” said Holthaus.

The two executives leading Intel after the ouster of its chief executive conceded on Thursday that the company may be forced to sell its manufacturing operations if a new chipmaking technology slated for next year does not succeed.

CEOs, Michelle Johnston Holthaus and David Zinsner, acknowledged on Thursday that the company might have to divest its manufacturing operations if a critical chipmaking technology, 18A, slated for release next year,

President-elect Donald Trump said he’s appointing Devin Nunes, the chief executive officer of his Truth Social platform, to head a presidential advisory board that he said will keep tabs on the US intelligence community.

U.S. President-elect Donald Trump on Saturday named ally Devin Nunes, a former U.S. lawmaker who now runs Trump's Truth Social social media platform, to serve as chairman of President's Intelligence Advisory Board.