Nathan Lambert

Their starting pay is like $80,000, $70,000, right? Which is like, that's like starting pay for like a good graduate in the US, right? Not the top, the top graduates are making hundreds of thousands of dollars at the Googles and the Amazons. And now I guess the open AIs of the world, right? So there is a large dichotomy of like, what is the top 1% of the society doing?

And where are they headed because of economic reasons, right? Intel never paid that crazy good, right? And it didn't make sense to them, right? That's one aspect, right? Where's the best going? Second is the work ethic, right? Like, you know, We like to work. You work a lot. We work a lot. But at the end of the day, what is the time and amount of work that you're doing and what does a fab require?

And where are they headed because of economic reasons, right? Intel never paid that crazy good, right? And it didn't make sense to them, right? That's one aspect, right? Where's the best going? Second is the work ethic, right? Like, you know, We like to work. You work a lot. We work a lot. But at the end of the day, what is the time and amount of work that you're doing and what does a fab require?

And where are they headed because of economic reasons, right? Intel never paid that crazy good, right? And it didn't make sense to them, right? That's one aspect, right? Where's the best going? Second is the work ethic, right? Like, you know, We like to work. You work a lot. We work a lot. But at the end of the day, what is the time and amount of work that you're doing and what does a fab require?

Fabs are not work-from-home jobs. You go into the fab and grueling work. There's, hey, if there is any amount of vibration, an earthquake happens. vibrates the machines. They're all, you know, they're either broken, you've scrapped some of your production. And then in many cases, they're like not calibrated properly. So when TSMC, when there's an earthquake, right?

Fabs are not work-from-home jobs. You go into the fab and grueling work. There's, hey, if there is any amount of vibration, an earthquake happens. vibrates the machines. They're all, you know, they're either broken, you've scrapped some of your production. And then in many cases, they're like not calibrated properly. So when TSMC, when there's an earthquake, right?

Fabs are not work-from-home jobs. You go into the fab and grueling work. There's, hey, if there is any amount of vibration, an earthquake happens. vibrates the machines. They're all, you know, they're either broken, you've scrapped some of your production. And then in many cases, they're like not calibrated properly. So when TSMC, when there's an earthquake, right?

Recently, there's been an earthquake. TSMC doesn't call their employees. They just go to the fab and like, they just show up, the parking lot gets slammed and people just go into the fab and fix it, right? Like it's like ants, right? Like it's like, you know, a hive of ants doesn't get told by the queen what to do,

Recently, there's been an earthquake. TSMC doesn't call their employees. They just go to the fab and like, they just show up, the parking lot gets slammed and people just go into the fab and fix it, right? Like it's like ants, right? Like it's like, you know, a hive of ants doesn't get told by the queen what to do,

Recently, there's been an earthquake. TSMC doesn't call their employees. They just go to the fab and like, they just show up, the parking lot gets slammed and people just go into the fab and fix it, right? Like it's like ants, right? Like it's like, you know, a hive of ants doesn't get told by the queen what to do,

Which is like some special chemistry plus nanomanufacturing on one line of tools that continues to get iterated. And yeah, it's just like, it's like specific plasma edge for removing silicon dioxide, right? That's all you focus on your whole career. And it's like such a specialized thing. And so it's not like the tasks are transferable. AI today is awesome because like people can pick it up like,

Which is like some special chemistry plus nanomanufacturing on one line of tools that continues to get iterated. And yeah, it's just like, it's like specific plasma edge for removing silicon dioxide, right? That's all you focus on your whole career. And it's like such a specialized thing. And so it's not like the tasks are transferable. AI today is awesome because like people can pick it up like,

Which is like some special chemistry plus nanomanufacturing on one line of tools that continues to get iterated. And yeah, it's just like, it's like specific plasma edge for removing silicon dioxide, right? That's all you focus on your whole career. And it's like such a specialized thing. And so it's not like the tasks are transferable. AI today is awesome because like people can pick it up like,

that. Semiconductor manufacturing is very antiquated and difficult. None of the materials are online for people to read easily and learn. The papers are very dense and it takes a lot of experience to learn. And so it makes the barrier to entry much higher too. So when you talk about, hey, you have all these people that are super specialized, they will work 80 hours a week in a factory, in a fab,

that. Semiconductor manufacturing is very antiquated and difficult. None of the materials are online for people to read easily and learn. The papers are very dense and it takes a lot of experience to learn. And so it makes the barrier to entry much higher too. So when you talk about, hey, you have all these people that are super specialized, they will work 80 hours a week in a factory, in a fab,

that. Semiconductor manufacturing is very antiquated and difficult. None of the materials are online for people to read easily and learn. The papers are very dense and it takes a lot of experience to learn. And so it makes the barrier to entry much higher too. So when you talk about, hey, you have all these people that are super specialized, they will work 80 hours a week in a factory, in a fab,

And if anything goes wrong, they'll go show up in the middle of the night because some earthquake. Their wife is like, there was an earthquake. He's like, great, I'm gonna go to the fab. Would you, as an American, do that? These sorts of things are the exemplifying why TSMC is so amazing. Now, can you replicate it in the U.S. ?

And if anything goes wrong, they'll go show up in the middle of the night because some earthquake. Their wife is like, there was an earthquake. He's like, great, I'm gonna go to the fab. Would you, as an American, do that? These sorts of things are the exemplifying why TSMC is so amazing. Now, can you replicate it in the U.S. ?

And if anything goes wrong, they'll go show up in the middle of the night because some earthquake. Their wife is like, there was an earthquake. He's like, great, I'm gonna go to the fab. Would you, as an American, do that? These sorts of things are the exemplifying why TSMC is so amazing. Now, can you replicate it in the U.S. ?

Let's not ignore, Intel was the leader in manufacturing for over 20 years. They brought every technology to market first, besides EUV. Strained silicon, high-k metal gates, FinFET, you know, and the list goes on and on and on of technologies that Intel brought to market first, made the most money from, and manufactured at scale first, best technology. highest profit margins, right?