Rene Haas

And I think that is the fork in the road that they've faced for the last probably decade, to be honest with you. And Pat had a strategy that was very clear that vertical was the way to win. I will say that in my opinion, that when he took that strategy on in 2021, that was not a three-year strategy. That's a five to 10-year strategy.

And I think that is the fork in the road that they've faced for the last probably decade, to be honest with you. And Pat had a strategy that was very clear that vertical was the way to win. I will say that in my opinion, that when he took that strategy on in 2021, that was not a three-year strategy. That's a five to 10-year strategy.

So now that that's been, at least he's gone and there's a new CEO to be brought in, that's the decision that has to be made. My personal bias says that Vertical integration is a pretty powerful thing. And if they could get that right, I think they would be in an amazing position. But the cost associated with it is so high that it may be too big of a hill to climb.

So now that that's been, at least he's gone and there's a new CEO to be brought in, that's the decision that has to be made. My personal bias says that Vertical integration is a pretty powerful thing. And if they could get that right, I think they would be in an amazing position. But the cost associated with it is so high that it may be too big of a hill to climb.

So now that that's been, at least he's gone and there's a new CEO to be brought in, that's the decision that has to be made. My personal bias says that Vertical integration is a pretty powerful thing. And if they could get that right, I think they would be in an amazing position. But the cost associated with it is so high that it may be too big of a hill to climb.

Well, a couple of things with Intel. I'm not going to comment on the rumors that we're going to buy them. But I think, again, if you're a vertically integrated company and the power of your strategy is the fact that you have a product and you have fabs, inherently, you have a potential huge advantage in terms of cost. versus the competition.

Well, a couple of things with Intel. I'm not going to comment on the rumors that we're going to buy them. But I think, again, if you're a vertically integrated company and the power of your strategy is the fact that you have a product and you have fabs, inherently, you have a potential huge advantage in terms of cost. versus the competition.

Well, a couple of things with Intel. I'm not going to comment on the rumors that we're going to buy them. But I think, again, if you're a vertically integrated company and the power of your strategy is the fact that you have a product and you have fabs, inherently, you have a potential huge advantage in terms of cost. versus the competition.

And when Pat was the CEO, I did tell him more than once, you ought to license ARM, because if you've got your own fabs, fabs are all about volume, and we can provide volume. I wasn't successful in convincing him to do that, but I do think that would not be a bad move for Intel.

And when Pat was the CEO, I did tell him more than once, you ought to license ARM, because if you've got your own fabs, fabs are all about volume, and we can provide volume. I wasn't successful in convincing him to do that, but I do think that would not be a bad move for Intel.

And when Pat was the CEO, I did tell him more than once, you ought to license ARM, because if you've got your own fabs, fabs are all about volume, and we can provide volume. I wasn't successful in convincing him to do that, but I do think that would not be a bad move for Intel.

On the flip side, I think in terms of ARM working with Intel, we work really closely with TSMC, we work really closely with Samsung, and IFS is a very, very large effort for Intel in terms of external customers. So we work very closely with them to enable them to ensure that they have access to the latest technology. We have access to their design kits.

On the flip side, I think in terms of ARM working with Intel, we work really closely with TSMC, we work really closely with Samsung, and IFS is a very, very large effort for Intel in terms of external customers. So we work very closely with them to enable them to ensure that they have access to the latest technology. We have access to their design kits.

On the flip side, I think in terms of ARM working with Intel, we work really closely with TSMC, we work really closely with Samsung, and IFS is a very, very large effort for Intel in terms of external customers. So we work very closely with them to enable them to ensure that they have access to the latest technology. We have access to their design kits.

So we want external partners who want to build at Intel to be able to use the latest and greatest ARM technology. So on that context, we work closely with them.

So we want external partners who want to build at Intel to be able to use the latest and greatest ARM technology. So on that context, we work closely with them.

So we want external partners who want to build at Intel to be able to use the latest and greatest ARM technology. So on that context, we work closely with them.

I do know him a little bit. Kudos to him. I think that's a pretty good thing. I think it's quite fascinating that if you go back eight years to Trump 1.0 in terms of where we were in December as he was starting to fill out,

I do know him a little bit. Kudos to him. I think that's a pretty good thing. I think it's quite fascinating that if you go back eight years to Trump 1.0 in terms of where we were in December as he was starting to fill out,

I do know him a little bit. Kudos to him. I think that's a pretty good thing. I think it's quite fascinating that if you go back eight years to Trump 1.0 in terms of where we were in December as he was starting to fill out,