Shares of Intel reversing some gains after the news of Pat Gelsinger's retirement, ending the day lower yesterday, down another 5% plus today.

Investors, perhaps digesting the idea that the chipmaker's issues go deeper than the CEO.

That is the thesis of today's tech check with your DeBosa. Morning, Dee.

Hey, good morning, call. So a lot of the focus has been on Pat Gell Singer's missteps and shortcomings,

but Intel's board of directors deserves a hard look as well. Of the 11 current members, only a few of

them have technical semiconductor experience, while the others, they come from finance backgrounds,

or they do come from tech companies but haven't served in technical roles.

Frank Yuri, who has an extensive background in investment and MNA, is by far the longest standing member joining back in 2009.

The next longest tenured member of Intel's board, that would be Dr. Tsujay King Liu.

She didn't join until seven years later.

So Yuri has really been the constant on the board

over Intel's decade-plus decline from manufacturing delays to missing the AI and GPU markets

to the selection of three CEOs that have underperformed the broader markets. This is a chart

of how Intel has fared versus the SOC semiconductor

ETF over Brian Krasanich, then Bob Swan, and then Pat Gelsinger. Now, this track

record, perhaps weighing on shares, as Carl mentioned, they reversed yesterday to end the

session lower and they're falling more than 5.5% again today, suggesting that investors may not have a lot of confidence

in Intel's board to choose a next successor that will fare any better.

Now, despite his record on Intel's board, Frank Yerry's role is only expanded.

With Gelsinger's departure, he becomes the interim chair of the board, a position that is no longer independent

and comes

with more direct involvement in key decisions.

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