Sridhar Ramaswamy
π€ SpeakerAppearances Over Time
Podcast Appearances
There was a battle of survival, and you have been one of the survivors.
But at the same time, the startups are not the only ones.
The big players, Alibaba, ByteDance, Tencent, and others.
Yeah, no, I mean, Asha, as taxpayers, we own currently about $11 billion worth of Intel stock.
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.
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.
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.
government, from NVIDIA, from SoftBank has really stabilized Intel's kind of balance sheet.
And so it's in a much stronger position than it was.
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.
You and I were at CES this week, and we saw Intel come out and say, hey, here are our new chips.
These are the ones we promised.
These are the ones that they're going to deliver.
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.