Asa Fitch

If you're a dominant player and you're just raking in the money... it's a little bit easier to not be serious about shaking things up. And it goes to the sort of the quote-unquote innovator's dilemma, essentially, where a company becomes a powerful player in one area and then struggles to dominate or make a name for itself in another area.

And TSMC had become extremely successful in this world, was building a growing business around it. Intel, of course, saw that happening. But Intel decided to stick to its guns and not to kind of bifurcate itself in the same way the industry was going. They said essentially, no, we don't want to do that.

And TSMC had become extremely successful in this world, was building a growing business around it. Intel, of course, saw that happening. But Intel decided to stick to its guns and not to kind of bifurcate itself in the same way the industry was going. They said essentially, no, we don't want to do that.

And TSMC had become extremely successful in this world, was building a growing business around it. Intel, of course, saw that happening. But Intel decided to stick to its guns and not to kind of bifurcate itself in the same way the industry was going. They said essentially, no, we don't want to do that.

You know, the company tries to make the most advanced chips in the world. You know, what that means is like, you know, when you have a chip, it's a piece of silicon. And upon that silicon, they etch billions upon billions of transistors. And so you might ask, okay, well, what makes one chip better than another? The answer is basically you're able to pack more transistors in that small space.

You know, the company tries to make the most advanced chips in the world. You know, what that means is like, you know, when you have a chip, it's a piece of silicon. And upon that silicon, they etch billions upon billions of transistors. And so you might ask, okay, well, what makes one chip better than another? The answer is basically you're able to pack more transistors in that small space.

You know, the company tries to make the most advanced chips in the world. You know, what that means is like, you know, when you have a chip, it's a piece of silicon. And upon that silicon, they etch billions upon billions of transistors. And so you might ask, okay, well, what makes one chip better than another? The answer is basically you're able to pack more transistors in that small space.

That's very important in the chip world. It's like the most important thing. If you can have a lot of transistors, it means you can do a lot of stuff. I mean, you can produce the best AI chips in the world. You can produce the fastest calculating CPUs in the world. Your computer that you're on now can run faster, a lot faster, if it has more transistors. It's like having a bigger brain.

That's very important in the chip world. It's like the most important thing. If you can have a lot of transistors, it means you can do a lot of stuff. I mean, you can produce the best AI chips in the world. You can produce the fastest calculating CPUs in the world. Your computer that you're on now can run faster, a lot faster, if it has more transistors. It's like having a bigger brain.

That's very important in the chip world. It's like the most important thing. If you can have a lot of transistors, it means you can do a lot of stuff. I mean, you can produce the best AI chips in the world. You can produce the fastest calculating CPUs in the world. Your computer that you're on now can run faster, a lot faster, if it has more transistors. It's like having a bigger brain.

So Intel kind of lost its way in that race. It just started to fall behind these contract chip makers like TSMC in making the most advanced chips. By 2019, things were not going well for the company. That was very clear. There was a sense within the company that, you know, Intel had already sort of lost its glory, its glory days were over, and the mission was to kind of bring it back.

So Intel kind of lost its way in that race. It just started to fall behind these contract chip makers like TSMC in making the most advanced chips. By 2019, things were not going well for the company. That was very clear. There was a sense within the company that, you know, Intel had already sort of lost its glory, its glory days were over, and the mission was to kind of bring it back.

So Intel kind of lost its way in that race. It just started to fall behind these contract chip makers like TSMC in making the most advanced chips. By 2019, things were not going well for the company. That was very clear. There was a sense within the company that, you know, Intel had already sort of lost its glory, its glory days were over, and the mission was to kind of bring it back.

And that's the context into which Pat Gelsinger arrives.

And that's the context into which Pat Gelsinger arrives.

And that's the context into which Pat Gelsinger arrives.

So Pat Gelsinger is Intel's first chief technology officer, first CTO. He's a guy who was sort of born and bred Intel.

So Pat Gelsinger is Intel's first chief technology officer, first CTO. He's a guy who was sort of born and bred Intel.

So Pat Gelsinger is Intel's first chief technology officer, first CTO. He's a guy who was sort of born and bred Intel.

You know, when you talk about Intel inside, that marketing campaign in the 90s, Those chips that were going in those computers were in large part, you know, thanks to Pat Gelsinger. You know, he did a lot in helping design those things.