Intel's board certainly has a lot to do with things like acquisitions, whether the company goes into certain fields. Foundary is a good example: either it was

Intel's board certainly has a lot to do with things like acquisitions, whether the company goes into certain fields. Foundary is a good example: either it was a good idea (and Pat definitely got it going with EUV), or it's a bad idea (and the board's to blame for letting the company work in that direction years ago). It's pretty common for a board to trigger big restructurings - especially of firings, killing of product lines, divestiture.