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Sridhar Ramaswamy

πŸ‘€ Speaker
254 total appearances

Appearances Over Time

Podcast Appearances

Bloomberg Tech
Meta to Become the Biggest Nuclear Buyer Among Hyperscalers

There was a battle of survival, and you have been one of the survivors.

Bloomberg Tech
Meta to Become the Biggest Nuclear Buyer Among Hyperscalers

But at the same time, the startups are not the only ones.

Bloomberg Tech
Meta to Become the Biggest Nuclear Buyer Among Hyperscalers

The big players, Alibaba, ByteDance, Tencent, and others.

Bloomberg Tech
Meta to Become the Biggest Nuclear Buyer Among Hyperscalers

Yeah, no, I mean, Asha, as taxpayers, we own currently about $11 billion worth of Intel stock.

Bloomberg Tech
Meta to Become the Biggest Nuclear Buyer Among Hyperscalers

And that's a nice return, roughly twice what we owned when we made the investment as a nation last year, but not in the tens of billions.

Bloomberg Tech
Meta to Become the Biggest Nuclear Buyer Among Hyperscalers

For that to happen, obviously, Intel's share price would have to go up a lot more and or some extra kind of arrangements that exist would have to be triggered.

Bloomberg Tech
Meta to Become the Biggest Nuclear Buyer Among Hyperscalers

Yeah, I mean, you know, the fact that he's in the White House is important because that is basically drawing attention to the fact that this investment that we saw last year from the U.S.

Bloomberg Tech
Meta to Become the Biggest Nuclear Buyer Among Hyperscalers

government, from NVIDIA, from SoftBank has really stabilized Intel's kind of balance sheet.

Bloomberg Tech
Meta to Become the Biggest Nuclear Buyer Among Hyperscalers

And so it's in a much stronger position than it was.

Bloomberg Tech
Meta to Become the Biggest Nuclear Buyer Among Hyperscalers

But where we are and where we really need to be is to have much better operations and much better performance from the company, and that is going to take new products.

Bloomberg Tech
Meta to Become the Biggest Nuclear Buyer Among Hyperscalers

You and I were at CES this week, and we saw Intel come out and say, hey, here are our new chips.

Bloomberg Tech
Meta to Become the Biggest Nuclear Buyer Among Hyperscalers

These are the ones we promised.

Bloomberg Tech
Meta to Become the Biggest Nuclear Buyer Among Hyperscalers

These are the ones that they're going to deliver.

Bloomberg Tech
Meta to Become the Biggest Nuclear Buyer Among Hyperscalers

Obviously, three or four days into that launch, we don't know how well they're going to do yet, but at least in terms of the specs, way better than the position that Intel has been in.

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