24 Burst results for "Pat Gelsinger"

"pat gelsinger" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

03:47 min | Last month

"pat gelsinger" Discussed on Bloomberg Radio New York

"She also wants to follow that with a few more half point hikes until price is cool. Tesla is said to be taking steps to ramp up output at its factory in Shanghai. We are told the carmaker is planning to double its original planned annual target all the way to a million vehicles, now Tesla saying it will halt most production on its model assembly line for the first two weeks of July. That will give the company time to upgrade and once that upgrade of the manufacturing process is concluded, we are told to Tesla will be able to make more than a million EVs in China this year. Upgrade work at the factory south of Shanghai is expected to be completed around August 7th. Intel CO pat gelsinger says that U.S. politicians are reaching the last moment to pass a bill aimed at revitalizing the country's chip industry. Gelsinger was on Capitol Hill to press members of both political parties to pass something before the midterm elections in November. Intel announced that the scope and scale of its investment in the U.S. will depend on whether the chip funding gets passed. The company has vowed to build one of the world's largest chip making hubs in Ohio, spending up to $20 billion with multiple fabrication sites, Intel canceled a planned groundbreaking for the complex today, and warned that it may have to lower its ambitions without help from the legislation known as the chips act. We're at 33 past the hour. Let's get to Hong Kong Brian Curtis looking at markets, trying to figure out what's going on today. Maybe this optimism that we can avoid a severe recession. Maybe this growth is going to slow. Maybe it is a recession, but it'll be a mild one at that. Yep, maybe it's sad could be just bad news as good news with slightly weaker estimates for economic growth. You've got less aggressive fed action, maybe that's working its way through. Plus the lower yields on bonds definitely takes a little bit of cost pressure out and it also makes the yield in the equity market. The dividend yield look a little better. But you know, it's kind of funny with you mentioned that Hong Kong got off to a good start. And the Hanks Hank tech index is a 1.7%. Yet why are so many executives and entrepreneurs and venture capital investors in these companies just going you know, they don't really want to draw too much attention to them. So if they've been under a lot of pressure in China, a lot of regulatory pressure and probably the last thing they want right now is for a stock prices to be shooting to the moon. We've seen a big rebound off the lows. You'll remember not too long ago you could pick up shares of Alibaba at $75. And now it's up to about a $112. That's where it finished the in U.S. trading. And it's just opened here in the Hong Kong market at one 13 30. So what's interesting is that a lot of these, we have a story on the Bloomberg terminal that it's a very nice story looking at how these insiders of these companies describe an ongoing sense of paranoia and paralysis among these big companies. In the other markets, then Kate is up three quarters of a percent. That's kind of the area that we're gaining here, the cost is up even more. Almost 2% higher, the tye X is up 1.3%. We have rallies also in Singapore and we also have a rally in Sydney, although it's just a quarter of 1%. In currencies, the dollar has started to give up some of the earlier gains to all yen, one 34, 84. Yield on the ten year treasury 3.09%. So it's curious. I mean, you're getting you're getting some of the cyclical companies not doing all that well. And money is going after some of these more safe areas like utilities and real estate and healthcare. That's a wrap. Jules to you. Thank you, Brian. 35 minutes past

Tesla Intel pat gelsinger Gelsinger Shanghai Brian Curtis Hong Kong U.S. Hanks Hank tech Capitol Hill China Ohio Alibaba
"pat gelsinger" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

01:56 min | 2 months ago

"pat gelsinger" Discussed on Bloomberg Radio New York

"And the EU chips act get completed that allows us to make those good economic investments because part of the challenge is that we're competing now with countries that have very actively incented those investments in Asia And these investments they have to be competitive worldwide or I can't compete for the worldwide market So and that's what we're looking for the EU leaders as well as the U.S. congressional leaders get these things done so we can go faster Just for our radio listeners we're speaking to pat gelsinger Intel's CEO here in Davos I mean we talk about how we want to ramp up that production in the U.S. and Europe But what kind of government support are you seeing Are you getting And is it enough Well you know the U.S. chips act $52 billion the European chips act €45 billion And as we've looked at those programs and we've helped to shape them they make us competitive in the world We feel very good that these are very good steps forward And it's against what I call the moonshot And by the end of the decade our objective is that we go from 80 20 80% Asia 20% U.S. and Europe to 50 50 30% U.S. 20% in Europe 50% in Asia That is the goal that we are driving these four And we think these are great steps forward And if they are being successful we can drive toward that 20 30 goal of 50 50 Okay that was the CEO of Intel Gaussian or speaking to Bloomberg's hustling I mean in Davos really interesting conversation given of course how much pressure we know there is from countries to get an Intel factory built in their country Yeah from chips to vaccines coming up on Bloomberg daybreak Europe few companies have risen to prominence during the pandemic more than Moderna The little known BioTech firm has become synonymous with its COVID vaccine and the mRNA technology behind it We're.

U.S. pat gelsinger EU Asia Europe Intel Davos Bloomberg Moderna
"pat gelsinger" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

01:42 min | 3 months ago

"pat gelsinger" Discussed on Bloomberg Radio New York

"Important for the next several decades Let's build them where we want them and do it in a way that we have more resilience to the supply chain It is all great that you want to make the U.S. and Europe a priority but it's also about scaling and scaling quickly How soon can you get there Well you know we've announced the Ohio side expansions in Arizona and Europe We announced our expansion in a Germany new research in France expansions continuing and Ireland And what we're really now anxious to see is that the U.S. and the EU chips act get completed that allows us to make those good economic investments because part of the challenge is that we're competing now with countries that have very actively incented those investments in Asia And these investments they have to be competitive worldwide or I can't compete for the worldwide market So and that's what we're looking for the EU leaders as well as the U.S. congressional leaders get these things done so we can go faster Just for our radio listeners we're speaking to about pat gelsinger Intel CEO here in Davos I mean we talk about how we want to ramp up that production in the U.S. and Europe But what kind of government support are you seeing Are you getting And is it enough Well you know the U.S. chips act $52 billion the European chips act €45 billion And as we've looked at those programs and we've helped to shape them they make us competitive in the world We feel very good that these are very good steps forward And it's against what I call the moonshot And by the end of the decade our objective is that we go from 80 20 80% Asia 20% U.S. and Europe to 50.

U.S. Europe EU pat gelsinger Arizona Ohio Germany Ireland France Asia Davos Intel
"pat gelsinger" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

01:53 min | 3 months ago

"pat gelsinger" Discussed on Bloomberg Radio New York

"Do This is a Bloomberg money minute the global computer chip shortage has hammered automakers forcing assembly plants to temporarily close curtailing production and forcing them to use all available chips for select high margin vehicles like pickups and SUVs So just how long will the problem continue We do see a rate and flow of chips or the availability of chips improving as we go through the second half That's what Ford Motor CFO John Lawler told Bloomberg while Oliver zipse chief executive of BMW said until it's completely completely over I think that will with that will last until beginning mid 23 But even those predictions may be a little too optimistic Pat gelsinger the CEO of America's biggest chip maker Intel says we'll have to hold on a little longer We expect the overall semiconductor shortage to not be resolved until 2024 now So expect that drag on auto production and higher prices on new vehicles to stick around a lot longer Tom busby Bloomberg radio And JIT makes innovation happen It also makes entrepreneurs like Anya o'dwyer founder of innovate a tech driven civil engineering and construction management firm Anya says and JIT is defining the future Engineering teas extremely important as a hub of disciplines all in one space with all of these brilliant minds NGOs roll is huge when it comes to defining the future and power from an interdisciplinary point of view They have it all there whether it's the innovation hub the makers space and we're already creating bash collaboration between the disciplines and you have civil engineers speaking to programmers speaking to electrical engineers And together they're creating advancements that we wouldn't have been able to do without those three minds coming together and solving a problem as one.

Bloomberg Ford Motor John Lawler Oliver zipse Pat gelsinger Tom busby Anya o'dwyer BMW Intel JIT Anya America
"pat gelsinger" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

03:25 min | 6 months ago

"pat gelsinger" Discussed on Bloomberg Radio New York

"Out Sacramento at Barclay's one O 9 85 to finally end their losing speak at 11 Bruce Brown led the next 19.6 revan 6 assists James Harden just traded by the nets to Philadelphia will not debut for the sixers until after the all star break due to his hamstring injury and he's also out of Sunday's All-Star Game for a place by Cleveland senator Jared Allen the nets traded Allen last year as part of the deal to give harden Rangers finally back on the ice tonight their first game in two weeks They host Boston Odell Beckham who had messy divorces with the Giants of the browns gets a Super Bowl ring with the rams but that knee injury suffered Sunday is reportedly a torn ACL which would be the second and three years on the same knee and Beckham is going to be a free agent Just dash that one Bloomberg sportsman All right John thank you 6 37 on Wall Street time to take a look at stocks some of the names moving in the pre market Bloomberg radio and TV markets correspondent critic Gupta is with us on a risk on morning on geopolitics but a lot going on in the chip space this morning treaty Yeah good morning Nathan You are seeing some green on the screen when it comes to the broader market but to your point some M and a action happening in the chip space Let's start off here with Intel agreeing to acquire tower semiconductor This is a basically circuit maker of four semiconductors is an Israeli company in a deal for about $5.4 billion as part of CEO pat gelsinger push into outsourcing the chip manufacturing business So Intel investors seem very happy with that news IN TC is your tigger one and a half percent Now tower semiconductor doesn't trade on the U.S. exchange It does trade on the Israeli exchange and it is rallying about 41% on that TS EM space IT is the ticker for that stock but it's not the only deal in Taoist move from chips over to drinks Why not Post Super Bowl talk between monster beverage is the maker of energy drinks of course And Corona brewer Constellation Brands about a combination while those talks are progressing us according to people familiar with the matter coming from Bloomberg reporting of course So M and ST which is monster beverage up 3% Coca-Cola which I believe has a stake in monster beverage KO up 5 tenths of a percent and Constellation Brands STZ down one tenth of a percent but you're not seeing a ton of volume in that stock So keep an eye on it All right we'll do And also seeing some surges on earnings as well Yeah the earnings are still rolling in Arista networks is the big one here The shares are jumping about just 10% 9.9% in pre market trading this comes after of course the cloud networking company gives a quarterly revenue forecast that exceeds those analyst expectations and ET is your ticker there What's interesting is that the earnings reaction is so big especially for a cloud networking company the standards are very high when it comes to cloud I'm going to end here Nathan with another company Once again we're going to go full circle back to semis of course a note coming out from Cowen which does rate Advanced Micro Devices AMD outperform saying that the focus is shifting to solid long-term and multiple growth factors now that the semiconductor company has completed its silent acquisition So those words of confidence fueling AMD shares this morning up 4% in the pre market Nathan Lots going on in chips Okay Bloomberg radio and TV markets correspondent critic Gupta with the pre market update And as we take a look at stocks as a whole ahead of the open on this Tuesday morning definitely risk.

senator Jared Allen Odell Beckham nets Bloomberg radio Bruce Brown James Harden four semiconductors pat gelsinger Barclay sixers Intel Sacramento Gupta Beckham rams browns
"pat gelsinger" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

01:38 min | 7 months ago

"pat gelsinger" Discussed on Bloomberg Radio New York

"In getting everything from new cars to furniture is more than just an inconvenience that's boosted inflation It's also national security as well Pat gelsinger is CEO of chipmaker Intel and his company is backing that up with plans to spend $20 billion to build two new chip making plants as part of a complex near Columbus Ohio When we have 80 plus percent of the world's supply in Asia Floyd that's not very comfortable for national security That he says is why he's been pushing Congress to approve federal aid to chip makers to build more plants in the U.S. He says Intel has plans in Europe too I've set a moonshot objective where U.S. gets back to 30% over the next decade in Europe gets back to 20% So we're looking at 30 20 50 A commerce department survey of businesses around the world found those ass say the plans won't ease the short term chip shortage but will help long-term Joan Donoghue Bloomberg radio Wake up and text text and eat Text didn't catch the bus Text and miss your stop Text and be late to work Sorry Text didn't work Text and pretend to work Text and X surprised when someone calls you out for not working Who me Text and meet up with a friend you haven't seen in forever Hi Oh hey Text and complain that they're on their phone the whole time Text and listen to them complain that you're on your phone the whole time Text in whatever But when you get behind the wheel give.

Pat gelsinger chipmaker Intel Joan Donoghue Europe U.S. Floyd Columbus Ohio Asia Intel Congress
"pat gelsinger" Discussed on CNBC's Fast Money

CNBC's Fast Money

03:30 min | 7 months ago

"pat gelsinger" Discussed on CNBC's Fast Money

"Welcome back to fast money. We've got another earnings alert Intel's on the move after reporting earnings a call kicked off at the top of the hour. John Ford is listening in got the latest. Hey John. Hey Melissa yeah, it is on the move. It's been moving between plus and minus negative plus and minus a half a percent after hours. Pat gelsinger on the call kicking it off saying that they're heading into 2023 looking at incremental improvement there. He talked about the IDM two strategy that what's happened so far affirms that it is right and reaffirmed that in 2024 they expect their manufacturing process to be at leadership and in 2025 design will be. Now, the stock did pop a bit after hours when he said that they are on or ahead of schedule on process technology. He did go on to talk about raptor Lake, a new chip that they have booted in the labs that follows on Alder Lake and he talked about the ark graphics chips delivering in volume later this quarter. So all of that going on, he's saying the strategy is on track. And that he does expect this year to be better than last, but still investors are looking for execution execution and looking ahead to this Analyst Day that Intel is going to have where he's going to detail more on exactly how that should happen, also. All right, John, thanks for the latest on Intel. We'll have pat gelsinger on tech check tomorrow morning. For not to say that, that's important. I was going to mention it because I knew that you had forgotten it or got the wrap or something, but yeah, that's an interview we won't want to miss. Pat Gauss and your tomorrow tech check. Thanks John. Steve Grasso, do you like Intel? I mean, in this world of value versus growth, the Intel could fall in the value bucket and still got a catalyst ahead. So Intel definitely falls in the value bucket. It's underperformed for the last year to the likes of an AMD or an Nvidia. It's also outperformed on a relative basis. It's gone down less in the last month, three months. But when you look at, when you look at it onshore, is something that they're going to be ahead of the supply chain on. They're the first ones or they're the latest ones to do that in a big way, but do people want their chip versus the other chips that are out there. You have to ask yourself that question. Then technically, the hundred day moving average has been resistance on the stock that's around 56 and a quarter. Stock is trading at 51. Let's call it 52. So you're upside has been limited. That's been resistant since August of last year. Tim? Well, I want to hear pat gelsinger and I have a lot of confidence in this man who's put the pedal to the metal in terms of CAPEX spend. It's an arms race out there in foundry between Taiwan semi Samsung Intel and got some room to catch up. Their CAPEX is a function of infrastructure build out equipment, new plants, and we definitely want to hear more about Ohio. There's talk of 20 billion in CAPEX there. The fact that they're sapphire rapids chip is online is great. And, you know, again, their next generation release, the valuation that ten 11 times trailing, I think the forward is a little tougher. And frankly, I think they're getting a little bit of a benefit of the doubt at this point because I think we really do need to hear where we're going to be in 23 24. And it almost is the linear relationship between the spend and where I think people are going to begin to target earnings out that far. All right. We are just getting.

pat gelsinger Intel raptor Lake Alder Lake Hey John John Ford Pat Gauss Steve Grasso Melissa John Nvidia AMD Tim Taiwan Samsung Ohio
"pat gelsinger" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

05:31 min | 7 months ago

"pat gelsinger" Discussed on Bloomberg Radio New York

"One of the most closely watched but no Yeah making it the perfect topic Denise for the Bloomberg year ahead summit And Intel of course has been planning to make more chips in the U.S. Now pat gelsinger CEO of Intel tells Bloomberg's editor in chief John nichol fight he's concerned about growing competition in the industry from China Well thanks John Pleasure to join you on Bloomberg Bloomberg such a great brain great audience great to be with you If we were here in 1990 the U.S. produced 37% of the chips of the world Europe produced 44% of the chips of the world obviously this is an industry that was born in the United States And Intel the company that put silicon into Silicon Valley were quite excited about the semiconductor industry But here we are and today 12% in the U.S. 9% in Europe We've seen the shift into Asian markets consolidation of supply chains very aggressive stances on the part of a number of the Asian countries And as I've said this is more important than where oil is Where are the chips And given that we have this massive move of every aspect of humanity becoming more digital I believe where the fabs are is more important to the next couple of decades than where the oil reserves are And with that in mind we've seen strong response to the part of the U.S. government with the chips act which is in Congress as we speak I spoke to secretary of commerce Romano She says I work on this every day this year to get this done There's also parallel legislation going on in EU for their equivalent of that they would rebuild this industry And we have argued strongly that the world needs a more globally balanced and resilient supply chain for semiconductors And geopolitical uncertainties throughout Asia just reinforce that criticality COVID has made it painfully obvious across so many industries on how important this semiconductor industry is Everything digital runs on semiconductors Let's build the manufacturing and supply chains where we want them Let's not waste this crisis that we've been through Do you think you're getting enough I mean is that enough to help you I think it's a great start And as we said you know when every dollar of chips act would need to be matched at least two to one So it's essentially creating a $150 billion investment incentive Also the bill includes a substantial investments for long-term R and D to assure sustained advantage The size of the EU proposal is very similar as well So we think this is a great start Maybe the second half of the decade there'd be a chips act to but this is creating a lot of energy And we believe that we U.S. companies but also Asian companies should be participants in building out and accelerating this capacity in American soil And personally I've been very involved in lobbying for getting the bill done We are hopeful that before the continuing resolution ends in February that that timing is one that I think every all the legislators are lining up to get across the line And there's a similar timeline in Europe as well So we're optimistic We think it's a great start And if we can go from 37 to 12 and I've set a moonshot objective where U.S. gets back to 30% over the next decade in Europe gets back to 20% so we're looking at 30 20 50 I think that's incredibly positive way to leave this decade and one that we're optimistic that we'll be able to achieve Push you a bit on that from it's interesting You made a noise about this Most of the other people who make a noise in terms of standing up to China tend to be people like Facebook and Google who don't have the same amount of sales there I check China is still the biggest it's your biggest customer It's bigger than the United States Do you worry that they might take retribution on you Or do they have no real choice in terms of chips at the moment Well you know we believe that every country would want local suppliers wherever possible going forward Our objective is build the best chips And deliver them into our customers on a global basis And about 25% of my revenue is in China We have deep customer relationships there ones where of course would want more of their own supply chains there We fully respect that But our customers there want to build the best cloud platforms The best commerce platforms And if our products enable them to be remarkably ahead of what they would do with alternatives we'll be able to continue to satisfy that business and we have seen continued growth in China and we're very committed to that market for the long term But the U.S. China situation does create challenges for any company to find a pathway through that And that was pat gelsinger CEO of Intel with Bloomberg's editor in chief John Michel thwaite And coming up from the Bloomberg year ahead summit a close up look at more big trends in investing And we'll take a look at why investors need to keep a close eye on what's happening on Capitol Hill You're listening to Bloomberg best You.

United States Intel pat gelsinger John nichol John Pleasure Bloomberg Bloomberg Bloomberg Europe China EU Denise Silicon Valley Romano
"pat gelsinger" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

01:30 min | 7 months ago

"pat gelsinger" Discussed on Bloomberg Radio New York

"Bloomberg interactive broker studio we were also streaming on YouTube roster broadcasting from my home It is Friday yippy is all I could think about when I was putting together this show A short week but certainly doesn't feel like a short one No Tom Keene this morning was like uh yeah it's what second third week of January It feels like August Yeah well look at the NASDAQ down NASDAQ composite for the year down more than 10.8% terrible So an official technical correction Yeah That's not even from November highs That's here to date Wow okay so we're going to get more into the trade in just a moment Speaking of rough weeks the pandemic play plummeting Just check out shares of Netflix and peloton Although peloton rallying back today but it's down way from its highs Yeah we're gonna talk all about that in just a few minutes plus a CEO bonanza We're gonna have hearing from a CEO We're gonna hear from CEO of pat gelsinger on Intel's mega spend on that Ohio chip up And then another CEO on top today Carol I like what you did there Hey like that All credit to you for that Always by the way My brain work a lot of brain power at work on that one Michelle duchess he's had AB InBev We're talking about beer We're talking about the outlook We're talking about supply chains We're also going to check in with the CEO of gene DX stopping by and then I trust capitals CEO on buying and trading crypto through your retirement account Yeah I look forward to talking more about the price movements too that we've seen with Bitcoin especially in the last 24 hours Plus this week's businessweek global cover story on the Chinese Olympic Games and at this time around the world will see a very different Beijing All right let's get you going on yippy Friday Let's get to the Bloomberg market.

Tom Keene pat gelsinger YouTube Netflix Intel Carol Ohio Michelle businessweek global Olympic Games Beijing
"pat gelsinger" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

02:09 min | 8 months ago

"pat gelsinger" Discussed on Bloomberg Radio New York

"This is Bloomberg technology I'm Taylor Riggs in New York Intel said to be looking into building new facilities in Europe as part of its global push to increase capacity This is all according to Bloomberg sources Now CEO pat gelsinger wants to bring more production back to the U.S. and Europe as he tries to restore the world's largest chip maker to its former glory for more on the Bloomberg scoop Let's bring in our very own Ian king You know I have to say I miss you out there in San Francisco but it's good to see you over here in the video verse As we're calling it talk to us about these expansion plans And frankly if it's coming soon enough Yeah I mean if you're talking is it coming soon enough for the chip shortages that everybody's suffering from right now Absolutely not Now these factories take years to make So no initial help there But what else is doing is you know he's got this very ambitious expansion plan new business getting into competing with TSMC Obviously he's committed a lot of money which investors haven't enjoyed reading about the 28 billion in CAPEX for next year a big increase So if he can get some government money whether it's in the U.S. or whether it's in Europe to help pay for this then obviously that's going to make that way more palatable for investors and help him We continue to go global and our discussion Ian because meanwhile Intel has apologized after setting off a social media backlash it came after sending the letter asking suppliers to avoid sourcing from the Chinese region of Xi Jiang That's where the Chinese government has conducted a campaign of forcible assimilation against religious minorities The letter to global suppliers stated quote multiple governments have imposed restrictions on product sourced from the Xi Jiang region Therefore Intel is required to ensure that our supply chain does not use any labor or source goods or services from that region Intel then apologized in another statement saying we deeply apologize for the confusion caused our respected Chinese customers partners and the public And Ian if this does not speak to.

Taylor Riggs pat gelsinger Europe Intel Ian king Bloomberg U.S. TSMC Xi Jiang New York San Francisco Chinese government Ian confusion
"pat gelsinger" Discussed on CNBC's Fast Money

CNBC's Fast Money

06:20 min | 9 months ago

"pat gelsinger" Discussed on CNBC's Fast Money

"It is a hot category and we have the hottest asset hidden inside of Intel. So we wanted to give it more visibility. This is now where we're seeing that inflection point in the AV category. Mobile I pioneered a daz, and now it's going to leap forward to be a leader in the entire AV technology sector. That was until CEO pat gelsinger on the reason behind spinning off the company's autonomous vehicle division Mobileye. The IPO expected to come mid next year in the news, sending Intel shares up nearly 5% today, but it wasn't the only chip name ripping higher. Check out the moves in mar vell in Nvidia, amat korvo. Look at that marvel of 7% Nvidia up 8%. For more on the action, let's turn to Jared weisfeld. He's tech sector specialist at Jefferies. I mean, Jared, it seems like the market really liked this move. What do you make of it? Does it portend potential spin outs or acquisitions, mergers other deals for any of the names in the space that's helping to prop this group up? Sure. So from an Intel standpoint, the move makes a lot of sense, right? I mean, I think if your Intel, this will help validate the valuation of Mobileye. They acquire the asset back in 2017 for about $15 billion. And now potentially achieving as much of a $50 billion valuation. That would be quite strong with respect to the multiple page. When you think about 2022, probably be about 25 times revenue. So that's a strong valuation. So that'll help validate the valuation. Number two, it helps bring in proceeds from Intel. So as you think about their diversification efforts and ability to pursue their foundry efforts, getting those capital in the door certainly helps. But to your point, we saw a widespread rally across the entire chip sector today, not only did Intel benefit on the news, but you saw Nvidia AMD marvel also gained on the news. And I think what's interesting is that you sort of look at what this brings to Intel was this the right decision a 100%. It helps give you that valuation. It brings capital to the door. Does this change the long-term trajectory of Intel and the issues that investors are concerned about? Not as much. If you're concerned about PC market share loss, if you're concerned about AI and ML artificial intelligence machine learning share gains at Nvidia and marvel and AMD, which those shares continue to raise appreciably, right? That doesn't change the long-term trajectory at Intel. So it's certainly a lot of moving parts here. Jared, this is knitting. I have a question for you because I think you're eluding to this, which is they have aggressive capital spending plans, but that's just because they have been behind the curve versus peers. And so is this a sell the news event if you're an Intel owner or how should an investor in Intel play this from this point going forward? So if you're long Intel and you see this news, I think you have to be doing this positively from the standpoint of the asset was acquired at $17 billion. It's now potentially going to achieve as much as a $50 billion valuation. That's a positive. You can still consolidate the financials if you're Intel. They're going to retain majority ownership. It makes a lot of sense. They're getting proceeds in the door. The bigger fundamental question if you're an Intel bull is how do you think about the process technology road map? How do you think about their ability to execute and compete against AMD? Compete against Nvidia. Competing against marvel. Those are the long-term issues that still are unresolved. And that's why he actually saw shares of Intel underperform broader semis today and you obviously had a risk on day in the broader markets. The names that investors want to gravitate towards are certainly the structural share gainers like the AMD is the marvel of the Nvidia's of the world. Jared, if we can turn you here, of course, the tech specialist, and so we'd be remiss not to ask you about the AWS outage today. It seems like every other day there's another press release with another company that is now moved or migrated or started using AWS. This outage was pretty significant. What are the ripple effects going forward? Is this more than just a single event? For sure. And it's a good reminder how the world is so tethered to all of the cloud service providers, whether it's AWS, whether it's Microsoft, whether it's Google, those three dominate our lives, and this is only going to increase supply chain complexities that have only increased significantly because of COVID over the last 12 months. What's amazing is not only are there external implications if you're relying on AWS from a service provider perspective, that's obviously a problem with that out. But Amazon itself is being impacted pretty significantly. If you look at the delivery network for Amazon, you look at all of the Amazon partners that are trying to make those deliveries and access the Amazon app, via AWS. That's all down right now. So the ripple effect not only with respect to if you're an AWS customer, but Amazon itself across the supply chain, especially in as we approach the holiday season, this is certainly not the appropriate time to have this outage for sure. Jared, thank you very much for being here with us today on a very big day for your sector in general and particularly those chips. Tim, I want to turn to you. Do you think it's too late to get in on some of these chips names after the rip that we saw? I mean, Nvidia hire bike, what 7 plus percent here today? Yeah, and 15% off the low intraday lows in two days. The fact that semis are closer to their all time high than any other part of the market. So not only just the S&P or the triple cues. But I mean, within 2% and I still think that semis are the chart to watch. And I still think that semis relative to the S&P. So if you wanted to do an SMH divided by the SPY graph, you can see that semis are arguably breaking out against the S&P through a top of a range that they've paid a couple times in the last year. So yes, I think the answer is, I think there's room. I think in a world where we've seen this, one of the reasons why Nvidia is up 15% two days is because the high multiple concerned market where growth is in question is going to get whacked. But I think if you stay the course here, this is still where you want to be buying growth. And in many cases, maybe not at Nvidia and I'm not going to lean on Nvidia at a reasonable price. But I think you are getting it a Qualcomm. And I do like this. I am an Intel shareholder. I do like this deal. I mean, that segment's 2% of revenues, and this could be 25% of market cap on the return on this investment. So I think it's a good day for Intel. And a good day for you. If you're a holder of Intel and you're long there, we do have a market alert on U.S. belorussian software company E Pam solutions. Shares of the.

Intel Nvidia Jared pat gelsinger mar vell amat korvo Jared weisfeld AMD marvel AMD Amazon Jefferies marvel
"pat gelsinger" Discussed on MarketFoolery

MarketFoolery

08:06 min | 9 months ago

"pat gelsinger" Discussed on MarketFoolery

"Me for Intel to make this move. Pat gelsinger and the CEO at Intel compared mobile eye to Tesla, which I suppose I would say that if I were a bad girl singer or sure what $1 trillion company can we compare this to? Let me think. But to go back to something you just touched on, it seems like at least part of the calculus for Intel in this move is maybe informed by what they have seen with rivian and the fact that, as you said, it's a $70 billion company with no vehicles on the road. And look, this is one of those things that shouldn't matter to investors like you and me, but it actually does because it involves institutions buying shares in blocks much larger than you or I or anyone. Listen to yourself, but okay. But you look at, you look at what happened with, let me put it this way. It's hard for me to look at what's happened with rivian and draw a conclusion other than there's an appetite among institutional investors for. Tesla type investments that aren't Tesla. They've already made their investment in Tesla. They know it's going to be they missed it or they missed it. Or they got in later than they wanted to. And they want and they recognize it's not going to be just like there's not one automaker. There's not going to be one electric vehicle maker. There are going to be multiples. They're going to be multiple winners. And so some of that money is going to go into businesses like Mobileye. Yeah, no, absolutely. And mobilize to me as a picks and pans play on the industry. You know, you go back in time and obviously, obviously, I don't know that this is a huge insight, but I'm going to make it anyway. The automobile turned out to be a pretty big deal here in the United States of America and around the world. And yet we went from hundreds of auto companies in the 1940s to essentially four American companies at the beginning of the century. I mean, that was how it worked out. This will be a similar this will be a similar. You know, it's going to be a rough go for business for an industry that really does have a lot of great things in front of us. This will be a lord of the flies industry. I believe that to be true. But companies like Mobileye, which are which are providing, which aren't really worried so much about which company wins, I mean, I think that they're in a really great spot. The market also thinks that they're in a really great spot. And pat gelsinger to your point recognizes that the rest of Intel isn't in a great spot, but you know what would help? Some cash. The timing is such that right now we're looking at the middle of 2022. So for those in the business media who are looking to aggregate their list of IPOs to watch in 2022, it's Christmas come early, because you can put mobile out on that list. One less thing to do. Yes. Speaking of media and aggregation and list building, BuzzFeed went public yesterday, via a special purpose acquisition company. I think everybody knows BuzzFeed, or is at least, if not a regular consumer, at some point, someone has sent you a BuzzFeed article or a list of some sort or it's popped up in your Twitter or Instagram feed. And it wasn't a great day. In terms of what happened with it closed down 11%, there was sort of that early pop. We got the reports over the weekend that a lot of people were initially interested in this, and then they just sort of walked away. And I mentioned all this because not to pick on BuzzFeed, but I do wonder we've seen so many companies go public via spac. Some of them in terms of getting attention from investors and the business media. They barely resonate. It's barely a blip. This is a well-known business. And so, therefore, it got more attention than the size of the business would warrant. And I'm wondering if you think this signals not the end of spacs, but part of me feels like whatever heat spacs had as a category, this was just one more bucket of cold water being dumped on it. I know how much you love for your guests to read on this show. I know you love this. But I do have to read something that we at The Motley Fool put out about a year ago. And it was about specs and a year ago now basically there were a lot of people who believe that the way that you invest was to buy us back, wait for it to announce sell it and then buy another spac and they were going to get rich that way. And we're not trying to get you to invest in spacs or to be excited about them. Every investment fed in history has ended badly for the majority of investors and we expect nothing different from specs when all is said and done. It's not to say we told you so because it's dumb to say we told you so, but it is to say that in our job, every once in a while, it's really unnerving to watch people to try and play the investment game in a way that it ought not be played in a way that things aren't really done, because you would hope they would figure it out, but usually figuring out that you're playing a game that you don't understand comes with some pain. And the spac market this year has been horrible. There are spacs that have come out public this year that are down more than 90%. And it's incredible to think about. So in the case of BuzzFeed, maybe because it is a higher profile company, this may be the very the death knell of our thinking about spacs as being magic beanstalk beans. It's a way of coming public. Nothing more nothing less than there are things about spacs that are better than coming public through a traditional initial public offering. But then there are things that are a lot worse and they're really should have been some sort of breaks put on BuzzFeed when 94% of the pre market money decided to redeem rather than go public with the company. Because that as they say is bad. Well, hopefully this has a similar and yet opposite effect from what we were talking about earlier with mobilize and rivian in the same way that someone at Intel might have looked at what was happening with rivian and said, you know, if we spin up mobile eye, we could probably make a decent buff. I'm sure I am a 100% confident. There were digital media companies watching closely with their fingers crossed on Monday when BuzzFeed went public via spac because they were thinking, boy, if this works, then we can do the same thing. And hopefully, at least some of those digital media companies and the people running them are looking at what's happened to BuzzFeed and.

Tesla pat gelsinger Intel Mobileye United States of America Twitter
Chip Shortage Highlights U.S. Dependence on Fragile Supply Chain

60 Minutes

01:58 min | 1 year ago

Chip Shortage Highlights U.S. Dependence on Fragile Supply Chain

"Car companies across the globe have had to idle production and workers because of a shortage of semiconductors often referred to as microchips or just chips there the tiny operating brains inside just about every modern device like smartphones hospital ventilators even fighter jets as we first reported in may the pandemic sent chip demand soaring unexpectedly as we bought computers electronics to work. Study and play from home but while more and more chips are needed in the us. Fewer and fewer of them are manufactured here. Intel is the biggest american chipmaker its most advanced fabrication. Plant or fab for short is located outside phoenix arizona. New ceo pat gelsinger invited us on a tour to see how incredibly complex the manufacturing process. Is i we had to suit up to avoid contaminating. The pfaff head cover on bunny suit zipped goggles gloves ready to go. I'm christine everything in this environment is control together. We stepped into a place with some of the most sophisticated new technology on earth. To ask you why. We're all yellow yellow filters remove light rays that are harmful to the process overhead a computerized highway transport's materials from one machine to the next the process involves thousands of steps where layer upon layer of microscopic circuitry is etched onto these silicon implants. That are then chopped up into chips. That will end up in. Say your computer. Making just one can take six months.

Pat Gelsinger Intel Phoenix Arizona Christine United States
"pat gelsinger" Discussed on Daily Tech News Show

Daily Tech News Show

03:23 min | 1 year ago

"pat gelsinger" Discussed on Daily Tech News Show

"Decentralize get to the point. Jack financial services. What he said the new businesses called. Tb which could be the official name or could mean it has been named but this is the cryptocurrency thing jack dorsey it's been going on about keeping up to speed on the government digital currency progress. China says more than twenty point eight million individuals have opened virtual wallet to store its digital one and have made more than seventy point. Seven million transactions for a value of five point three billion. The people's bank of china considers the are indeed staged done and will further expand the scope of the trials and foreign residents temporarily. Traveling to china can now open an e. c. n. y. Wallet to meet daily payment needs without having to open a chinese bank accounts all right. Let's talk about that big until buzz. The wall street journal sources say intel is interested in buying global foundries. If you don't know them. Global foundries is a major maker of chips for other companies Think tsmc but sadly for global foundries stockholders quite a bit smaller Global foundries is owned by the investment arm of the government of abu dhabi and has been considering an ipo. When contacted by the wall street journal's executives told them they're not in discussions with intel themself. So if these talks are going on the talks are happening at the investor level just directly with the with the owners dmc of course dominates the space but global foundries has about seven percent of the foundry market by revenue that's numbers according to trend force. Amd spun out global foundries. Back in two thousand eight used to be most of his business not so much anymore but it does remain one of its biggest customers with a one point. Six billion dollar multi year supply deal going in place earlier this year. Global foundries has been expanding capacity They just announced they're going to spend four billion to build a fab in singapore. Meanwhile until ceo pat gelsinger had said back in march that intel wants to expand its role as a company that makes chips not just for itself but for other companies as. Well they want to act. As a fab- they see that as a alternate way to get revenue plans to spend twenty billion dollars on new factories in the us. We talked about the arizona site before so getting global foundries would give it a bunch of factories and accelerate intel's plans to become bigger in the fab. Space analyst patrick moorhead till tech crunch that global foundries would bring with it tech That would give them processes for making ships for five g. r. f. iot automotive Which would help intel become a full stack provider making it a little more compelling Dairy i know you have to source chips for for the stuff that you make Do you have a perspective on the idea of until getting global foundries based on that. I'm curious how it's going to impact us. It has been a nightmare lately. Some of the vendors are asking. Hey what are your twenty twenty three orders because you need to get those in now and so i. I don't see this as something. Impacting me on some some of the smaller ship stuff especially on the rf side. But i do see this as like okay. Well this is a big player. Consolidating and getting bigger is that a good thing for the industry. Does this hold back. Potential innovation and ano.

intel Global foundries government of abu dhabi the wall street journal jack dorsey china Tb tsmc pat gelsinger Jack China patrick moorhead Amd singapore arizona us
"pat gelsinger" Discussed on Daily Tech News Show

Daily Tech News Show

03:22 min | 1 year ago

"pat gelsinger" Discussed on Daily Tech News Show

"The point jack financial services what he said the new businesses called. Tb d. which could be official name or could mean has been named but this is the crypto currency thing. Dr been going on about keeping you up to speed on the government digital currency progress china says more than twenty point eight million individuals have opened a virtual wallet to store its digital one and have made more than seventy point. Seven million transactions for a value of five point three billion. The people's bank of china considers the rnd stage done and will further expand the scope of the trials and foreign residents temporarily. Traveling to china can now open an e. c. n. y. Wallet to meet daily payment needs without having to open a chinese bank accounts all right. Let's talk about that. big intel. Does the wall journal. Sources say intel is interested in buying global foundries. If you don't know them. Global foundries is a major maker of chips for other companies Think tsmc but sadly for global foundries stockholders quite a bit smaller Global foundries owned by the investment arm of the government of abu dhabi and has been considering. Ipo wind contacted by the wall street. Journal's executives told them they're not in discussions with intel themselves. So if these talks are going on the talks are happening at the investor level just directly with the with the owners dmc of course dominates the space but global foundries has about seven percent of the foundry market by revenue that's numbers according to trend force. Amd spun out global foundries. Back in two thousand eight used to be most of his business not so much anymore but it does remain one of its biggest customers with a one point. Six billion dollar multi year supply deal going in place earlier this year. Global foundries has been expanding capacity. They just announced they're going to spend four billion to build a fab in singapore. Meanwhile intel ceo pat gelsinger had said back in march that intel wants to expand its role as a company that makes chips not just for itself but for other companies as well they want to act as a fab. They see that as a alternate way to get revenue until plans to spend twenty billion dollars on new factories in the us. We talked about the arizona site before so getting global foundries would give it a bunch of factories and accelerate intel's plans to become bigger in the fab. Space analyst patrick moorhead til tek wrench that global foundries would bring with it tech that would give them processes for making chips for five g. r. f. iot automotive Which would help intel become a full stack provider making it a little more compelling Dairy nine. I know you have to source chips for for the stuff that you make. Do you have a perspective on the idea of until getting global foundries based on that. I'm curious how it's going to impact us. It has been a nightmare lately. Some of the vendors are asking. Hey what are your twenty twenty three orders because you need to get those in now and so i. I don't see this as something. Impacting me on some of the smaller ship stuff Especially on the on the rif side. But i do see this as like okay. Well this is a big player. Consolidating and getting bigger is that a good thing for the industry. Does this whole back. Potential innovation.

intel china the wall journal Global foundries tsmc Tb pat gelsinger abu dhabi patrick moorhead Amd singapore arizona us
Acer Says It 'Can Only Fill 50% of the Worldwide Demand'

Daily Tech News Show

02:07 min | 1 year ago

Acer Says It 'Can Only Fill 50% of the Worldwide Demand'

"Intel announced two new eleventh gen use series processors at compu- tech's the core. I seven one. One nine five g seven and the i five one five five g seven both have four cores and threads plus z graphics with ninety six execution units for the i seven and eighty execution units for the i five the i seven is the first use series chip able to hit five gigahertz in a single court. Turbo boost with the base clock of two point nine gigahertz. Today is june. First the editorial board of daily tech news show regrets the air acer. Co-ceo tiffany wang said. The company can only fulfil fifty percent of demand on average due to the shortage. Saying the situation won't change until up to q two of two thousand twenty two at compacts intel ceo pat gelsinger said. The chip shortage will quote. Take a couple of years for the ecosystem to address shortages. A foundry capacity substrates and components and gardner issued a report. Saying it believes. This is the most serious point. In the shortage and estimates it will continue until q. Two twenty twenty two alienware announced that the x fifteen gaming laptop will start at two thousand dollars and the seventeen gaming laptop starting at two thousand one hundred dollars. The x fifteen fifteen point nine millimeter thick in some configurations offering up c. Two hundred forty hertz refresh rate screen while the seventeen offers up to eight three hundred sixty hertz refresh rate both offer offer eleven th gen intel core processors and support up to an rtx thirty eighty graphics card uber announced thirty. Three thousand drivers joined it's us platform during the week of may seventeenth increasing active driver hours. Four point four percent over the previous week and marking a new record for drivers since the start of two thousand twenty one who did not say how that number compared to pre pandemic times. My guess is because it didn't compare it very well. Crypto currency exchange quaint base announced that its users can use money from their new coin base cards through apple. Pay and google payne gwen. Baseball automatically convert all crypto to. Us dollars when adding to a customer's queen base card that can then be used for purchases and then received crypto rewards for shopping.

Intel Ceo Tiffany Wang Pat Gelsinger Acer Alienware Gardner Payne Gwen United States Apple Baseball Google
Nvidia to Directly Challenge Intel With Arm-Based Server Chip

CNBC's Fast Money

01:55 min | 1 year ago

Nvidia to Directly Challenge Intel With Arm-Based Server Chip

"For we start off tonight with a semi smackdown the gloves coming off in the battle of the giants. Invidia fires of direct shot at intel. Let's get straight to. Josh lipton with all the details josh so melissa ceo jensen wong is transformed into a true powerhouse. With that companies graphics chips these are processors that generate images and accelerate. Now video plans to make its own servers. Cpu to those are the primary brains in most computing devices in video. Also saying t. That's first quarter. Revenue is tracking above its previous outlook of five point. three billion. And that's doc posted. Its best day here over a month. Some investors clearly saw in announcement as a direct shot at intel with reported twenty six billion in revenue permits data center group in two thousand and twenty. That was a jump eleven percent. that's doctors had. Its worst day since late february. So how bad is this news. Though for pat gelsinger techy. Patrick moore had capturing that his copy still does both certain advantages invidia with his new service is targeting more of a niche market. Patrick says and intel's still the giants dominates about ninety percent of this market. No response from intel on that invidia news. There was also that big one chip summit today remember. President binds infrastructure plan does include fifty billion dollars to the american chip industry. Melissa back to you josh. Quick question on the niche market point. How big is this market. Or how profitable is this to make the such a big deal that they're going after specifically this narrow part of the market. You're going after what it's called the hp hp mortgage so that is a market that would include things like national lab laboratories like los alamos. That's why patrick moorhead. In his point was saying one. These are different. Intel as dominating about ninety percent of that service you market and patrick's point is that intel's focus is different. It's really targeting. More general business uses and cloud providers. But we'll see how it plays out and listen

Intel Invidia Josh Lipton Melissa Ceo Jensen Wong Giants Pat Gelsinger Josh Patrick Moore Patrick Patrick Moorhead Melissa Los Alamos HP
Intel is spending $20 billion to build two new chip plants in Arizona

Mac OS Ken

01:02 min | 1 year ago

Intel is spending $20 billion to build two new chip plants in Arizona

"Yahoo. Finance rendered interview wednesday with intel ceo. Pat gelsinger gilson made news earlier in the week announcing plans. For a couple of chip plants in arizona. Part of their output would be for intel while another part would go toward producing chips for other chip makers say what. Tsmc does for apple with. It's a serious chips and apple. Silicon in fact gelsinger would like for apple to be one of intel's clients. I pointed out here yesterday. That running ads bashing apple was an odd way to try for that business. But gelsinger doesn't seem to see it as odd. He sees it as fun according the ceo. Obviously you've seen some of the competitive energies and chip making resume because there's a lot of great innovation to be done and we haven't seen pc demand this level for a decade and a half. The world needs more of that and they're is competitive fun going on with apple and the mac ecosystem

Gelsinger Pat Gelsinger Gilson Intel Apple Tsmc Yahoo Arizona
Intel stock rallies as CEO Gelsinger announces aggressive manufacturing buildout

CNBC's Fast Money

00:44 sec | 1 year ago

Intel stock rallies as CEO Gelsinger announces aggressive manufacturing buildout

"Shares are up five and a half percent. We've got new details from the call. Josh lipton scott. The details josh so melissa. We're listening to this call new. Co pat gelsinger. His on there. He's now giving guidance. Bring that to you. He says q. One is actually going to exceed the company's prior guidance. He cited strong notebook demand for that guidance for the year as well he did saying his words. Twenty twenty one is going to be transitional year as he says we accelerate trajectory invest in our future and improve execution also mentioned the critical component shores. We talked so much about bottom line for the year. Gelsinger says intel's looking for eps of four dollars and fifty five cents revenue seventy two billion and gross margins of fifty six point five percent an intel stocks surging here in the after

Josh Lipton Scott Pat Gelsinger Melissa Josh Gelsinger Intel
"pat gelsinger" Discussed on Daily Tech News Show

Daily Tech News Show

02:03 min | 1 year ago

"pat gelsinger" Discussed on Daily Tech News Show

"Why amazon suspended its contract with parlor panasonic's heads up display for your car. That seems actually useful. And richard guenther brings the smarts. Smart home this is the daily tech news for wednesday january thirteenth. Twenty twenty one in los angeles. I'm tom merritt tantrum studio redwood. i'm sarah lane. Fraud penn central. I'm in salt lake city. I'm scott johnson. I'm the show's producer. Roger chain and as i mentioned richard got there from the digital media zone joining us. Richard good to have you man good to be here. And i am calling in from the outer banks north carolina this week. Wow look at that. So we're spanning the continent all of us are at. Cas technically for sure as we've been saying all week the real wrong We were just talking about home improvement and it strategies for dealing with garbage disposals get that wider conversation on our expanded show. Good day internet become a member patriot. Dot com slash. Dt ns. let's start with a few things. You should intel announced that ceo. Bob swan will step down. Affected february fifteenth after two years on the job. Pat gelsinger ceo. Vm ware and former until cto will take over. As ceo of intel intel executive chairman omar ish rock said that guessing are will lead until transformation from being cpu company to a company that makes multiple kinds of architectures bob swan was previously. Cfo of intel and expertise lied in finance not. Being in december dan loeb's third point hedge fund had encouraged intel's board to explore alternatives. These send a screen captures of every story that titles. This swansong youtube removed a video from the president's campaign youtube channel for violating policies. It did not name. The channel will be prevented from uploading new. Comments are uploading videos for a minimum of seven days. Which would end a january. Nineteenth comments on all videos on the channel have been turned off indefinitely. Amd will begin..

amazon Richard richard guenther youtube bob swan Pat gelsinger richard omar ish rock january los angeles north carolina scott johnson Bob swan sarah lane seven days this week wednesday january thirteenth salt lake city december Nineteenth comments
Intel CEO Bob Swan to step down, VMware CEO Pat Gelsinger to replace him

Daily Tech News Show

00:34 sec | 1 year ago

Intel CEO Bob Swan to step down, VMware CEO Pat Gelsinger to replace him

"Intel announced that ceo. Bob swan will step down. Affected february fifteenth after two years on the job. Pat gelsinger ceo. Vm ware and former until cto will take over. As ceo of intel intel executive chairman omar ish rock said that guessing are will lead until transformation from being cpu company to a company that makes multiple kinds of architectures bob swan was previously. Cfo of intel and expertise lied in finance not. Being in december dan loeb's third point hedge fund had encouraged intel's board to explore

Intel Bob Swan Pat Gelsinger Vm Ware Omar Ish Rock Dan Loeb
Intel Pops, VMWare Drops (For The Same Reason)

MarketFoolery

04:11 min | 1 year ago

Intel Pops, VMWare Drops (For The Same Reason)

"We're going to start with some surprising news from intel. Ceo bob swan is stepping down. In mid february in june of twenty eighteen he was appointed interim ceo of intel in late january of twenty. Nine thousand nine. The interim tag was removed but suffice to say swan has faced a number of challenges over the ensuing two years and he is on his way out. Moving into the corner. Office is pat gelsinger. Who is currently the ceo of vm. Ware and for anyone wondering what. The investing world thinks of all of these moves. Shares of vm. Ware down six percent this morning and shares of intel up eight percent. Yeah so you've got gelsinger who previously had been at intel As the chief technology officer and of course swan came up and was promoted interim and then permanency. Oh having been the cfo. So i think one of the Takeaways that one can take here is that this is perceived to be a technology issue And the solution comes into Comes from technology Not from financial expertise I don't think there's any accusations that that's one wasn't getting the job done from you. Know the numbers point. It's day are falling behind on the technology and it's time to make a change. Yeah i mean you think about everything. That's happened with them. Over the last couple of years we've talked on this show about. Amd continuing to eat into intel's market share. You know apple though. The longtime partnership that intel apple ended after fifteen years. So i understand why shares of intel would be up on bob swan leaving. That said i d. Do you think there's maybe a little like when you take these two together when you take the let's just call it. Fifteen percent difference between the rise in intel and the drop vm. Where do you think it's a little overstated. And the reason. I ask that is because guessing was. Ceo of vm. Ware for eight. Plus years the stock up about thirty percent over the entire. Let's call it eight and a quarter span of his tenure as ceo. So it's not like vm. Ware shares were setting the world on fire under the tenure of pat gelsinger. Yeah i don't know that The world is looking at vm. Ware and saying how they ever replicate What they've been able to accomplish with with anybody else in that role But it may be a look. He's a commodity value enough that intel which despite going not not going nowhere as a stock for twenty years but going down and then most of the way back up. But that's that's what you're talking about twenty years of long-term buy and hold nothingness if you got in sort of at the top back in two thousand and i think that it's fair. Question to ask. Is whether vm. Ware is losing nearly as much as intel is hopefully gaining here I think that they change is being made at all is going to be. Maybe the lion's share of the stock movement today on intel if i had to just wildly guests Through the markets actions. You've got third point having been pushing for changes From intel intel says. It's got nothing to do with that nothing to do with you. Know the pressure. We've been getting from third point. This is this is all independent of that pressure. I don't think that's the case. And i think that Any change is going to going to explain a bump in intel at this point

Intel Ware Pat Gelsinger Ceo Bob Swan Gelsinger Bob Swan VM Swan Apple AMD
"pat gelsinger" Discussed on Daily Tech News Show

Daily Tech News Show

05:06 min | 1 year ago

"pat gelsinger" Discussed on Daily Tech News Show

"In nine fifty nine hundred. H x has forty. Five watt plus. Tdp and an unlocked multiplier for overclock. Amd says the cry nine. Ten ninety eight k by thirty seven percent overall and fourteen percent for single performance. The flagship for the ultra portable use series is an eight core sixteenth rising seven fifty eight hundred. You that can boost up to four point. Four gigahertz using just fifteen watts of power. Amd's outperforms cry seven eleven sixty five g seven by one point two three times. It also claims seventeen and a half hours of general battery us.

"pat gelsinger" Discussed on 7 Layers

7 Layers

05:29 min | 1 year ago

"pat gelsinger" Discussed on 7 Layers

"Greene even referred to partnerships as a quote strategy. That can deliver a much better. Sassy user experience and quote at a cybersecurity insiders wepener the race to release asi products also drove acquisitions. These acquisitions were made to build or improve existing sassy products some of the biggest sassy acquisitions. In two thousand twenty were palo alto. Networks is four hundred and twenty million dollar acquisition of cloud jenex in march for tonight's acquisition of opec. In july in vm-ware's numerous acquisitions most notably the neons acquisition in january as companies frantically built. Sassy products the covid. Nineteen pandemic shifted workforce's to remote work environments this shift expedited both the need and the adoption of sassy koehler said quote. It's going to be a massive sort of migration. The covid working from home dynamic has only accelerated this move to the cloud. It's amplified by the fact that there's actually going to be this migration from on premises networking and security solutions to solutions that are cloud based and quote or in the words of gartner. The cloud is finally being accepted by enterprises and that appears to be true. Joe greene said cyber security insiders that he has found over. Eighty five percent of all enterprise web traffic currently goes to the cloud much like the cloud. Remote work has been accepted as fate by many enterprises. And it doesn't appear to be going anywhere in reference to both the cloud migration andrew at work. Vm-ware ceo pat gelsinger said quote. This is a permanent change. We're not going back. And and it seems he is onto something. In december twenty twenty google announced it wouldn't return to the office until september. Twenty twenty one and we'll do a flexible remote work and in-person hybrid upon. Its return to the office. Meanwhile facebook twitter and microsoft have announced indefinite work from home policies. A gartner survey of two hundred and twenty nine human resources leaders from april showed that nearly fifty percent of organizations shifted at least eighty percent of their employees term at work global workplace. Analytics predicts between twenty five and thirty percent of those people will continue to work from home permanently. And it's clear what the impact of remote work has on emerging technologies like sassy versa. Cmo mike wood said the pandemic drove a one hundred fold increase in its st win or sassy platforms from the beginning of twenty twenty. Two december twenty twenty more than two hundred terabytes per second of.

Greene opec palo alto pat gelsinger koehler ware Joe greene gartner andrew google microsoft twitter facebook Analytics mike wood