36 Burst results for "Tsmc"
Fresh update on "tsmc" discussed on Bloomberg Radio New York Show
"Ahead at the top stories for investors in the coming week for watching for full earnings from a big player on the chip industry And for more let's go to Hong Kong and Bloomberg daybreak Asia host Brian Curtis and his colleague Doug Chris John Samsung electronics recently became the world's top seller of semiconductors South Korean giant overtook Intel for the first time since 2018 And in the preliminary look at fourth quarter earnings Samsung's profit rose more than 50% Chip prices stabilized and sales of smartphone surged and that seems to have galvanized hope that the memory chip industry will emerge from its downturn over the past year But what does it say about supply chains Joining us for this look ahead is Vlad savov Bloomberg's tech editor Thanks very much for being with us We know Samsung is a leader in both memory and logic chip businesses We did have a slight miss in the operating income that was announced for the fourth quarter but it seemed tied to the special bonuses paid to employees That's not raised expenses What do you expect in the full earnings That's right Honestly the miss is almost entirely down to those special bonuses The company reported its full successive record quarter of sales which naturally made for a record year of sales So one of the things that stood out to me both with Samsung and chip making rival TSMC is just the fact that we keep talking about a chip supply crunch But really it's not just supply crunch It is just runaway demand These companies are hitting record new sales figures off the back of just massively increasing demand If we can discuss further who is demanding those further chips because of specifically we can expect again the memory business to drive that new record profit And smartphones yes we can expect them to improve but not as dramatically I think the full quarter was really dominated by Apple as it tends to be with its new generation of iPhones And Samsung tends to just keep pace with it more than anything else So there are a couple of things that we can break down here We can talk chips or we can talk the phone situation But I want to begin just because you mentioned the iPhone Some of the latest data that we had out of China from the academy of information to communications seems to indicate weakness in iPhone demand at least where the China story is concerned and I'm wondering whether or not Samsung is at the point where they are still able to maybe eat into some of apple's territory is that possible Is that possible Samsung is such a huge company And it has that what's going integration advantage with no other smartphone maker has even Apple Samsung can make its own chips It makes its own displays Everyone uses Samsung displays Especially now with foldable devices coming into the four I believe 2022 is going to be kind of a Cambrian exposure for the devices where all the Chinese device makers are getting into that business and they are picking up Samsung displays as well So Samsung absolutely has the best opportunity to cut into apple's lead But I will say China is not in the market where Samsung will succeed I mean Apple has this challenges in China because you have Xiaomi uppo and vivo which I would call the free headed hydrate that succeeded Huawei once Huawei pushed the side And those companies just extremely aggressive They're launching two at least two flagship devices per year now which is an incredible pace And they have cornered their own domestic market You mentioned TSMC earlier if we could talk about chips for a moment It raised growth expectations and it also rolled out record spending Is that also coming from Samsung Good question Samsung hasn't committed to its annual spending but it has committed an excess of a $100 billion to expanding capacity That includes the two things One is it's core business of membership making Obviously it works because memory chip maker But also as you mentioned earlier allergic processes That's where Samsung really wants to compete with TSMC The next big milestone for both companies is three nanometer chips These are obviously the most advanced smallest geometry which means motor transistors more performance et cetera Samsung is targeting mass manufacturing free nanometer chips in the first half of this year The SMC is looking at the second half So Samsung is doing a little bit of an advantage there Yeah I'm curious if the support from the U.S. government is likely to be enough going forward that it could possibly push Intel back into the lead It's very much good The spending by the companies themselves is spectacular I think it's committing 25 $28 billion itself The U.S. government is looking to put $52 billion But that honestly it has to be just the first step Thank you very much for being with us Vlad salvar Bloomberg's tech editor I'm Brian Curtis along with Doug prisoner You can catch us every weekday here for Bloomberg daybreak Asia beginning at 7 a.m. in Hong Kong and 6 p.m. on Wall Street John All right thanks Brian a Doug Just ahead of Bloomberg daybreak weekend We go to.
"tsmc" Discussed on Bloomberg Radio New York
"Listeners you can get mad and Paul swe hosting Bloomberg markets at ten a.m. Eastern Time So that's a look at what is coming up next Let's focus on the earnings story and the and where it meets the supply shortage years One in fact no let's not do that Let's get to a global news update Let's get to Liang guerin Good morning And a good morning and thank you The UK government says it will consider EU proposals to ease Northern Ireland's trade issues seriously and constructively yesterday the European Commission unveiled its plans which would see a reduction of up to 80% in checks on some goods arriving from Great Britain It would also see customs paperwork cut by half Brexit minister lord frost as optimistic about the state of the negotiations We need to find arrangements in Northern Ireland that work to support the good Friday agreement and that means all its dimensions east west north south We're looking we're asking everyone to be flexible fine compromises Look at things in a different way Meetings will take place in London later between the EU and the UK Here in England coronavirus infections are high and rising among children Bloomberg's puja candia has more Prevalence of COVID-19 is growing amongst those aged 17 and younger That's according to the react one study led by imperial college London The reproduction rate in this age group was 1.18 meaning that on average every ten young people infected are passing it on to about 12 others Coronavirus vaccines will roll out to 12 to 15 year olds last month but take up is slow putting pressure on Boris Johnson's government ministers are renewing calls for young people to get vaccinated In London I'm preaching Bloomberg daybreak Europe The Turkish lira has dropped to a record low against the dollar after president Recep Tayyip Erdoğan fired three members of the Central Bank's rate setting committee in a midnight decree Bloomberg understands the changes rid the committee of members who disagreed with Erdoğan's calls to continue cutting interest rates that's despite high inflation And the World Health Organization has proposed a new team to lead an investigation into the origins of the COVID-19 pandemic more on that coming up Global news 24 hours a day on air and on Bloomberg quick take powered by more than 2700 journalists and analysts in more than 120 countries and January's this is Bloomberg Anna Thank you very much Leanne now Let's get on to that conversation where earnings and the supply crunch meat The numbers out of TSMC let's dive into these numbers from the Taiwanese company and get to a Bloomberg's Asia technology editor villa high school and who's with us this morning Avila good to speak to you So TSMC reported another quarter of record sales and earnings What's driving the growth Yes It's more of the same really in the electronics and the chief industry So dealing is rising for everything from cars to computers to gaming consoles to smartphones You name it TSMC is one of the world's biggest makers of chips for always machines and they're of course benefiting from the rising demand I mean people are still largely in many regions market their homes and their spending money on electronics Absolutely these companies benefiting as a result Yeah despite the fact that we're all supposed to have economies open up decided to not spend on stuff but to spend on going out instead maybe we're just spending on all of the above The ongoing sources of chips has caused problems for makers of everything from cars to smartphones What is TSMC doing through alleviate the problem How quickly do they plan to increase production From TSMC's point of view this is in the major problem of course is they're boosting their earnings and sales And they're doing well the company is saying that they will spend more than a $100 billion expanding capacity over the next few years about three years Are they confirmed today that they're adding a plant in Japan that are also looking at Europe for more capacity gains and they also want to sell more to car manufacturers cars of course have been one of the industries that that's been most severely hit by the strategies They also spoke to investors at length today What are the key takeaways from that conference call Well the company really sees itself in an extremely strong position I mean they give a forecast for the fourth quarter for margins and sales that beat expectations and it's very focused on adding capacity globally not just in its home region but also in Japan and Europe It's also very bullish on margins and that kind of signals that it has room to increase prices because of the shortages So the key message here is that for cheap makers it's actually very good times at the moment Okay Thank you very much for your heist And Bloomberg's Asia technology editor Thank you very much for joining us Bringing us the latest on what is an increasingly global story of course that chip A shortage coming up on Bloomberg daybreak here at Christian Muller lissmann Goldman Sachs managing director for portfolio strategy and asset allocation joins us No doubt we'll talk a little bit about the value versus.
"tsmc" Discussed on Bloomberg Radio New York
"Best I'm at Baxter And I'm dedic Pellegrini We've been hearing from Citadel CEO Ken Griffin about the growing tech race between the U.S. and China That's right Griffin sat down with our Eric schatzker at the economic club of Chicago And Griffin tells Eric he's keeping a close eye on what's happening in certain key countries especially when it comes to semiconductors The world's leading country in semiconductors is perhaps Taiwan Now China will argue it's part of China So you have an interesting quagmire right there But TSMC is unquestionably one of the world's greatest greatest manufacturers of semiconductors Now they don't have the entire solution They still buy a variety of equipment from around the world But talk about being a powerhouse AMD's chip which right now is the dominant chip in the Intel AMD war is made by TSMC It's made by TSMC And going back to my point earlier China views Taiwan is part of China There's no way they will be technologically impotent compared to America over the next 20 years They will get there one way or another Ken what do you say to Americans who are angry that engagement with China until now has been on China's terms and partly if not largely as a result of that dynamic the United States has lost some of its technological superiority What don't they understand about China Well I think there's a more actually far more troubling part of this story So first of all let's go back to the theory of the case China is going to evolve towards capitalism The United States embraces that transformation wholeheartedly because our theory of the case was as they became capitalistic They would embrace democracy And we were clearly willing to leave value on the table for the Chinese to accelerate that journey because to have the most populous country in the world be part of the western ethos of democracy is incredibly strategically important And it's a much better outcome than facing for example the dynamic that we face between us and the Soviet Union for 50 years post World War II Which path would you pick You want to bring them into our sphere of thought And our belief was that them becoming capitalist would inevitably bring them into being a democracy When we wrote the rules the row with them we did it with this mindset of making that happen Now let's take a step back Unquestionably the American consumers writ large one huge China became a huge source of goods that we consume the United States at an incredibly low cost A giant consumer windfall for Americans You walk into Walmart I mean just flip everything over Made in China made in China made in China The challenge that we underestimated was how devastating this was going to be the small towns that would have a single factory that would shut down as its manufacturing was moved to China That was the giant policy here that I think we all underappreciated Wasn't how it was going to impact New York City or Chicago or LA but how it was going to impact a small town in upstate New York or Michigan or in Ohio who lost jobs that would never be replaced to China That was a terrible policy miscalculation not done in bad faith but we didn't have the training or the relocation strategies to help people get back on their feet And so a substantial number of Americans really felt the brunt of this policy in a way that that was not appreciated I think in the halls of Washington again or by economists at the time And we've been slow as a nation to respond to that So you're willing to bet you just said it a few moments ago on China's ability and China's will to compete Are you willing to bet on America's ability and compete We need to get back to our core values If we're going to win What does that mean That means that our children in school need to be taught the virtues of competition and of winning They need to be taught the virtue of earned success It can't be that every time a race is one there's two gold medal winners.
"tsmc" Discussed on Acquired
"Or <Speech_Male> <Advertisement> <Silence> <SpeakerChange> <hes> <Speech_Music_Male> <Music> just everything <Silence> that they packaged. <Speech_Male> Cool to <Speech_Male> hear how came to be <Speech_Male> super cool <Speech_Male> all right <SpeakerChange> well <Speech_Male> with that. Thank <Speech_Male> you to pilot dot com <Speech_Male> pitchbook in nord. <Speech_Male> Vpn and click <Speech_Male> links in the show notes. <Speech_Male> <hes> i don't think <Speech_Male> we told you at the beginning but <Speech_Male> You can join our slack. <Speech_Male> Acquired dot com <Speech_Male> slash slack. <Speech_Male> Come hang out <Speech_Male> with the <Speech_Male> nine thousand other <Speech_Male> talented <Speech_Male> smart. Good looking <Speech_Male> people like yourselves. <Speech_Male> You should <Speech_Male> become an acquired l. <Speech_Male> P. we go deeper <Speech_Male> in fact <Speech_Male> We just <Speech_Male> did our <Speech_Male> most recent. Lp call <Speech_Male> really fun <Speech_Male> to do that and have <Speech_Male> mamik brady <Speech_Male> join us to <Speech_Male> who obviously was <Speech_Male> On our most <Speech_Male> recent lp episode <Speech_Male> talking about <Speech_Male> the fed <Speech_Male> and macroeconomics <Speech_Male> difference <Speech_Male> between monetary <Speech_Male> policy and fiscal policy. <Speech_Male> Which i just learned <Speech_Male> about inflation <Speech_Male> interest rates. All that <Speech_Male> stuff was super fun. <Speech_Male> So obviously you <Speech_Music_Male> get all <Speech_Music_Male> fifty plus <Speech_Music_Male> probably like sixty or <Speech_Male> seventy episodes at this <Speech_Male> point leading actually are <Speech_Male> full episode with hamilton. <Speech_Male> That's right <Speech_Male> preview <Speech_Male> that we put in the main feed. <Speech_Male> I think the fall episodes <Speech_Male> actually understanding <Speech_Male> seven power <Speech_Male> is available <Speech_Male> there with hamilton <Speech_Male> so <Speech_Male> become an <Speech_Male> it supports what we do. <Speech_Male> And <Speech_Male> let's be to the show <Silence> and we love our. Lp's <Speech_Male> <Speech_Male> well with <Speech_Male> that listeners. <Silence> <Speech_Male> Feel free to share <Speech_Male> the show with a friend feel <Speech_Male> for innocent. Itunes <Speech_Male> <SpeakerChange> shot from <Speech_Male> social media. Hilltops <Speech_Male> you <Speech_Male> always. Sometimes <Speech_Male> you save <Speech_Male> all time <Speech_Male> here too like seriously. <Speech_Male> you know. it's plenty podcasting. <Speech_Male> Is this weird <Speech_Male> thing <Speech_Male> right. There's no viral <Speech_Male> loop. It's not <Speech_Male> like you know. You <Speech_Male> can share pleads <Speech_Male> <Advertisement> sarah from social media <Speech_Male> <Advertisement> why we love that. That's great <Speech_Male> <Advertisement> if you love this episode. <Speech_Male> Do you think it's interesting. You think what <Speech_Male> <Advertisement> we do is cool here <Speech_Male> but really the way. This <Speech_Male> guy is word of mouth like that <Speech_Male> is it. That's how <Speech_Male> you know people tell their <Speech_Male> friends. They <Speech_Music_Male> listen to this episode. They thought it <Speech_Music_Male> <Advertisement> was cool. <Speech_Music_Male> <Advertisement> They think that their <Speech_Male> <Advertisement> friends would <Speech_Male> <Advertisement> really enjoy. <Speech_Male> Learn from <SpeakerChange> listening <Speech_Male> <Advertisement> to this to share <Speech_Male> <Advertisement> thing. You liked <Speech_Male> <Advertisement> chair thing. <SpeakerChange> You disagree <Speech_Male> <Advertisement> with us on whatever <Speech_Male> <Advertisement> it is. If you feel <Speech_Male> that way please <Speech_Male> do that. If you <Speech_Male> don't feel that way <Speech_Male> get in <SpeakerChange> touch with us and <Speech_Music_Male> <Advertisement> tell us why <Speech_Music_Male> <Advertisement> all right listeners. <Speech_Music_Male> <Advertisement> We <SpeakerChange> will see you <Speech_Music_Male> <Advertisement> next time. We'll <Speech_Music_Male> see you next. Time <Music> <Advertisement> <Music> <Advertisement> <Music> <Advertisement> <Music> <Advertisement> is a you <Music> <Advertisement> a you <Music> who got <Music> the truth.
"tsmc" Discussed on Acquired
"By which other fabulous companies can contract with intel to build. Maybe that's right but if so they gotta figure out. And i think they're thinking about this the right way. 'cause they said it's going to be a fully separate autonomous division. They gotta run that like a completely separate independent company of the rest. Of until. And if so i don't actually know why until owns it. I mean well let's look at. Amd here right. They did this. They spun out there manufacturing into global foundries. Which has been good for global foundries and md found getting ready to ipo. yup yup yup so like well. Yeah there's probably rate strategic decision but it's not going so well i mean like it's going fast. Tsmc it's going better. Probably than if they had not done that but it wasn't there not a winner here like. Tsmc is winner. Yeah i guess. The the playbook theme there is indecision paralyzing company has spun its wheels one direction. Or the other and all it's done is make itself deeper in the mud I just looked up. I was trying to remember this guy. Gelsinger was the vm-ware ceo. He started his career at intel and then went. Emc and then emc owned the majority of the land came the vm-ware. Yeah and He was the outside candidate.
"tsmc" Discussed on Acquired
"That assuming that it didn't start a full war like an actual world war which then of course they would start using all the tsmc manufacturing capacity for all the chinese and always been at least doesn't currently cut off. Yeah so how do you capture that in power. What is the power or maybe like risk. That's like a bear right. Let's not get too specific on this. But maybe in a general sense how do you capture the power. That company has that comes from regulatory environment. Where would that get classified under. Felt like they. They have a lot of room to be operating safely Maybe cornered resource. I guess you're saying this is like an anti power for this right exactly exactly. Yeah i suppose all that matters is things that you have that your direct competitors. Don't so i in this strange straw man that i'm putting together. It would really be about what if you were located in a country that none of your competitors were also domiciled and being there gave you some special ability to be more profitable than others which they had in the beginning with the government in taiwan basically the mafia boss was like this is happening. And we're gonna make that. We're going to strong arm. Everybody mc l. business leaders in the country to investing in this. We're gonna make sure that this you know happens okay. Well let's put a pin in that because you're right it turns out that it's actually not a perfect power discussion but the geopolitics thing is interesting. Well i think it's the bear case for right that to me. Absent enormous computing paradigm. Shift is the way that. Tsmc has an enormous risk in the business. Yep totally would does make a kinda surprising that you know. They haven't diversified their geographical operations very much. So this is interesting. So they're facing a lot of pressure for this are spending. i think. Twelve billion dollars this year to start a plant in arizona which will not be the three nanometer. I don't even think it'll be the five nanometer. It's not their most advanced manufacturing. I think the us subsidizing in a big way. I think that's part of the biden administrations most recent bill to try and bring some semiconductor manufacturing here but they're also starting a fab in japan. That came out in their last earnings call. So they're doing some and they have operations in china too. Yep they're doing some diversification. But i don't think it's for this reason i think it's because they're basically getting free money to open fabs and other places and morris has even made comments like i don't think it makes any business sense for us to have the leading edge in those countries even though those countries want us to have them there. I think it makes sense based on the ecosystem that we've created and taiwan to keep operating it here so the question is if it directly helps. Let's take the us for example. The us's prowess as a semiconductor manufacturing force.
"tsmc" Discussed on Acquired
"Company that created transistors. And then they designed the chip. They manufactured the chip. They marketed the chip. Here's how the value chain looks today. And i think you've already alluded to like i think in the eighties already started to look like this. I there's eda there's electronic design automation. This is the software that chip designers like professional chip designers used to do their work so synopsis. I think cadence jenkins another big. They're the two leaders said that that's like you know excel or like figure for like chip designers league battle with they use tools. Yup so that's category one of four and of course as you can imagine the software design the chips probably has to be very aware of the manufacturing capability of who's going to be manufacturing the chips but less than that for a second so then of course there's the fabulous ship design companies so today think apple and video qualcomm broadcom eventually. Amd after they stopped being real apparently tons of innovative new startups. Now like Cerberus pa semi has acquired. Oh pm is coming in a sec. Okay okay. so you've got the companies that are making the software the fabulous companies that are designing the chips using the software then third. There's one company that we have not talked about yet. One component of the value chain and these are the people that manufacture the machines. Oh yeah that go into the factories that the foundries opera. There's actually one between well. No actually i think above. Eda there is one more part of the value chain. There's a fifth. Which is i p. I'm so that's all e arm architecture. There's actually a ton of companies. Now that do just straight up. I p and i thought before this episode these were like oh just shell. Companies that sue one another about. Ip systems are on a chip. Now it's like everything is on like one chip. Basically you need a usb functionality in your chip you don't need to design the you just buy some ip off the shelf that's like so so there are companies that do that. Yep okay so that's a good point. That's our fifth sort of like ip. They own the instruction set architecture. They kind of create the general rules that you're playing by when you're designing a chip such whoever's writing the compilers knows what assembly language they're targeting that can then operate on the chip that's going to be designed so we covered the eda. We covered the ip. We covered the fabulous companies. There's somebody before we get to the foundries which is the equipment manufacturers that sell. Tsmc so more. Historically you've got lamb research you've got applied materials in the us. You've got tokyo electron and japan. But today i want to give everyone a taste of this and then we'll get more to it later. There's.
"tsmc" Discussed on Acquired
"Pure play foundry company to be a contract manufacturer sounds genius today. In hindsight steve jobs would say it's easy to connect the dots looking backwards. But at that time. Was this a good idea to even well. No the answer is no you know like we've sorta said all along all the chip companies all the american and european and japanese all the other leading semiconductor companies. They made their own stuff. You know and there was some sharing of production and some you know. Companies were emerging that were borrowing production from. You know the big guys. There's a great quote right around this time from jerry sanders who is the co founder and ceo of amd and he famously said in the mid nineteen eighties. That quote real men have fabs has a right close so ironic because in the two thousands. Amd would spin out it's fabs yeah and go fallacy slow foundries. Yeah global foundries but yeah. This is not an obvious idea. Like if you wanted to be a real semiconductor company you you made your own chips and the idea was like yeah. I mean this was. So this isn't like manufacturing barbie dolls here like this real technology like you need to control it soup to nuts and already at this point in history. I mean this is an important point to make. Because i didn't realize this coming in where i thought. Wow apple really outsource their manufacturing. They outsource some of it. Tsmc and some of it to foxconn and like maybe. Some of those people will start to do each other's work. No this is a completely different thing. Assembling an iphone is completely completely different than taking a brand new design for a next generation chip and manufacturing that ship. One is manufacturing in one is alchemy. The alchemy can only be done by alchemists. Think even here in the late eighties. Were already at the point. Where like it's manufacturing images. Yeah it's not like well. I got a factory. No no no no no no far the opposite of that. We said this is a bad idea so more says now however there was one problem with the pure play foundry model and it was a fatal problem. It could be a fail problem. Which was where's the market. He sounds like don valentine here. Where's the market. Show me the market. This whole idea. It was really a solution looking for a problem. And of course the solution being that all. We have is manufacturing capability here. So let's start a company that just manufactures and it's like you're looking around like okay. Real men have fabs. Yeah there was real start our startups these startups building. their own. Fabs like nobody wants to do this so nonetheless you know he has to start a company literally got a gun to his head but he does have the core insight here..
"tsmc" Discussed on Acquired
"The semiconductor business. And that's where he has his next big breakthrough and this is on the business side. So morris notices what they're doing setting up these new plants for you know all these successive new a methodologies and processes of manufacturing you know at this point integrated circuits in silicon semiconductors and pumping these chips. It's super expensive to do this. Like super cost capital intensive so what ti and everybody else in the industry dead when they would start a new product line. That would use a new fab for chips. The charged a lot of money for it. 'cause like they put a lot of money into these things so like right off the gate. You want the latest. You know. New hotness in the end products that ti selling the charge a lot of money for them. Morris realized that he's like that's not actually optimal to do that because as evidenced by his first big win at ti with ibm line. There's a learning curve. Attila getting the yields right and learning how to manufacture new process. And in the beginning. You're gonna have really low yield and so what you want. Ideally from you know fabrication perspective. Is you wanna have a ton of volume from the gecko like as soon as the plan is online. You want to be running at max capacity so that you can a learn as fast as possible get yields up to the profitable levels and then you want to still be running max capacity as long as possible because you already spent fixed cost right. Make the plant basically. You always want max capacity so when you started out by pricing so high you kept demand low and you weren't able to get up to capacity fast enough it's almost like they didn't realize the benefit of the potential operating leverage they had because they were just passing their exact economics onto their customers. And saying you basically have to pay us for us to do all these fixed costs and then you'll get all the benefits of the to stamp it off the press every time whereas what they really should have been doing is saying we will make an investment. you know. we'll eat the cost of having to spend all this up but boy are we going to be super profitable on every chip. That comes off the line. Yup totally so morris is thinking about this. He hires bc g..
"tsmc" Discussed on Acquired
"To our own line. You might even say almost like a contract manufacturer of gemstone like a foundry. Business almost Interesting but it's not going to well so ibm's own plant is turning out transistors with about ten percent yield which means that of you know every hundred chips that they turn out of the plant ninety percent of them fail and only ten percent of them work. Yeah that's the first party won the. Ti line has about a zero percent yield. Like they're getting any that. Were almost everything coming off. The line fails at ti. When morris shows up so morris would say about this later quote. The supervisor was concerned. The operators were concerned. Everybody was concerned so morris member. He's mechanical engineer by training right so he starts tinkering. he's like well. I know this is a mechanical process. You chemical mechanical process creating this stuff. I'm just gonna use my training and like optimize it like a good mechanical engineer. So he starts doing some stuff and of dur- after about four months.
"tsmc" Discussed on Acquired
"Story to hundreds of thousands of people. So the legend has it that ford offers him a salary of four hundred and seventy nine dollars a month to go take an entry level job. And then he has a competing offer from sylvania's new semiconductor division and sylvania. I know of this company only because my vacuum growing up was sylvania. Oh well we're in talk much more about selena in one second. This is the competing job offer. He's considering they offer him a salary of four hundred eighty dollars a month. One dollars and legend has it that morris asked ford to beat sylvania's offer they didn't and so he took this job offer. Share that say one hundred percent apocryphal. But you know morris he's great so speaking of selena. Do you remember sir. Some portion of our audience remembers. But do you. Ben remember who else started their career in sylvania's semiconductor division. Right around this exact same time. We've talked a lot about this in this person on the show. No donald t. Valentine no way. That's right so he started at salina after forum or me was after the military he shockley at raytheon and then he joined fairchild fairchild okay right after the traitorous eight left shockley and started fairchild. You're better at remembering these deep details of older episodes and i am well. I do a lot of research. And sometimes research includes pass. Acquired episodes ago. We've truly like become a circular function here so they didn't overlap. Don valentine they were never in the same place they were in different locations and different job functions. Very different job functions. But they were both. I believe both selena amazing at the same time crazy. So don is out tilling in california like we were talking about and falling in love with california. He's playing water polo. Like oh my god. I never gonna leave this place morris. He's on the grind. He gets posted. As a junior engineer at slovenia's hip switch massachusetts plant not quite the same Glamour nez don out in southern california. So remember more says a mechanical engineer. He doesn't know anything about electrical engineering. But he's working in this new semiconductor division so after work. He's living in a hotel by the way he doesn't even get an apartment. It's like some sponsored hotel like would it sad existence. He goes home back to the hotel from work and he studies the best textbook that he can find about electrical engineering which is entitled electrons and holes in semiconductors with applications to transistor electronics written just recently a couple of years before in nineteen fifty. By william shockley. Oh wow yeah shockley into other guys. Basically invented the. I'm not sure it was the first transistor but the first transistor of the type that everything else would then be sort of built upon when they were at bell labs not too long before this. Yeah not too long at getting backing league any acquis vacuum tubes and then shackling men in the transistor and then in a second. We're going to talk about the integrated circuit. That bob noyce and jack kilby who are going to talk about invent toco admitted but anyway okay back to this moment in time so morris is studying the shockley textbook in his hotel room but like he's not a college and he doesn't have any teachers. Cds has the book but he's very resourceful so he figures out that one of the senior engineers at the plant is kind of an alcoholic and hits up the hotel bar almost every night. So more as does is he comes home from work in the early evening..
"tsmc" Discussed on Acquired
"His own way and at that time his race is probably gonna limit his opportunities so as he says quote in the early fifties in the united states there were chinese laundrymen. Chinese restaurant terrors chinese engineers and chinese professors. Those were the only respectable professions for chinese no lawyers. No accountants know politicians. What is harvard chair now lawyers accountants. Maybe politicians yes. Yeah not a lot of. The finance professionals certainly finance professionals as we will see as we will go along. Morris is much more than a finance professional but harvard. Actually didn't have an undergrad engineering program at the time That's crazy to think about. If you're really really focused you're probably going to go down the street in cambridge from harvard to it. It which morris dot so. He only spends his freshman year there and then for his sophomore year he transfers to mit so that he can study mechanical engineering. We're gonna have to the next episode. That madame co-sponsors we're gonna have to add to the alumni companies list amazing why it is amazing like the number of companies and market cap. That have come out of that. University is incredible pilot right and pilot. That's right we have so many companies to add to the list all three co-founders from pylyp. Mit alums so morris are man he has learned the ways of the world in the us. he's focused. He finishes his under his starts mechanical engineering a year. Behind at mit he finished his both undergrad and his masters in the remaining three years. And what year is this. This would have been nineteen fifty one when he transferred fall of nineteen fifty one. Okay so like to contextualize what's going on in the tech world right now with quotes around it because it's not so much a world as a very small continent i mean you have all of the post world war. Two defense spending that went in particularly in the west coast over it with the innovations from stanford but has fairchild semi-conductor started known so maybe shockley semiconductor shockley. Semiconductor was probably just getting going. But we're probably still in vacuum to bell labs yet like the transistor to give you a sense. Silicon is years away. Transistors are probably just getting going were not in the integrated circuit yet. And it's all being done in germanium. Not silicon wow. So it's like this is od. Yep so after. He gets his masters in three years. Morris wants to stay and do a phd fully complete his technical training but he ends up failing his qualifying exams twice. They give you two chances to take any twice by the time to say so. David and i watched and listened to every footage that morris has ever spoken that has been released publicly to prepare for this. He is very funny. Oh he's the way he talks about this. He says that unfortunately the biggest impediment to him going forward was that he failed the qualifying exam but fortunately for him they were kind enough to let him taking a second time which he also failed and he has this really dry clever sense of humor. So one of the interviews he talks about one of the stanford ones..
"tsmc" Discussed on Daily Tech News Show
"For products into two thousand twenty three lineup. Invidia and amdy already used he. S mc for five nanometer chips but intel wants to be the first to use three nanometers. Meanwhile qualcomm says it can make chip. That beats the apple. M one partly because it has former apple chip designers like former a-series chip lead gerald williams who left the company in two thousand nineteen with two other executives to start new which was acquired by qualcomm which is the more interesting chip allah guys intel trying to leapfrog amdi by using tsmc designs or qualcomm calling out apple after grabbing their engineers. It i got two different answers because the most significant is intel finally saying yep. We told you we were going to outsource. We told you we were gonna use. Tsmc here we go. We're going to do three nanometer chips. They they can't. They delayed their seven nanometer chips. We're gonna use three nanometer chips. They keep saying that this is temporary until they can get their own development Back on track. But i think that's the more significant but man it's hard to pass up qualcomm saying not only did we steal your people have but we're going to beat you on the am one especially because the m one you know whether you love or hate apple. Everyone agrees that is a heck of a chip. That's tolerate..
AMD Is NOT Ripping off Intel
"Topic. I can't remember what it is Yes amd is not ripping off intel. Allow me to explain. It would be easy to say. Oh hey wait. Hold on a second i mean. Amd's releasing a hybrid cpu. That just sounds a lot like intel alder lake which is the codename for their twelve generation courses processors which are going to use the us high performance golden cove course alongside power saving grace mont course with the idea being that you get performance when you need it and power saving when you don't but in fact intel is not the first one to have that idea and there's a whole lot else going on with their zen five architecture that has really nothing to do with what intel's doing so first things first then five will apparently be based on. Tsm's threes n three process. Node which i think they. They're just kinda changing up the nomenclature on us. I actually didn't know that they call them. Okay maybe they're not because they're referring to their seven nanometers and seven so. I've just never heard that branding for it before. Go figure so. Their entry process node is to full nodes away from current seven nanometer node with tsmc and has claimed to be one point seven times as dense as five nanometer which is itself one point eight times as dense as seven nanometer. And we're expecting somewhere in the neighborhood of a fifty plus percent Increase in power efficiency compared to seven nanometer. And wow so fifteen percent faster than fifteen percent faster. What would that. What would that be something like thirty five or so thirty five or so percent faster than seven nanometer as well now. Amdi
Taiwan Chip Maker TSMC to Invest $100b to Grow Capacity
"Maker of semiconductor chips. Taiwan Semiconductor manufacturing company says its investing $100 billion of the next three years to beef up production capacity. The company says this is an effort to keep up with demand as the global shortage of semiconductor chips continues.
Apple's mixed reality headset debut expected in mid-2021
"Bloomberg's mark gurman reports that in the next several months apple may make an announcement for a mixed reality headset. If so it would be apple's first major new device since the apple. Watch in two thousand fifteen
TSMC to Invest $100 Billion in Chip Fab Capacity
"Tsmc plans to invest one hundred billion dollars over the next three years to expand its chip fabrication capacity. The company already announced a record capital expenditure of as much as twenty eight billion dollars this year and it's unclear how. Tsmc will finance the move.
Taiwan chip maker TSMC to invest $100B to grow capacity
"Taiwan Semiconductor plans to spend $100 billion over the next three years to expand its chip fabrication capacity. SMC plan to record capital expenditure of as much as 28 billion this year. But recent trends and developments have pushed for even larger capacity. The stock is trading up 2% in Taiwan this
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
European Union Pushes for 'Digital Sovereignty'
"Like many other governments. The european union passed a massive coronavirus recovery package setting aside trillions of dollars to get the economy back up and running on the other side of the pandemic but also included in what is extensively a covert relief. Plan is a more than one hundred and fifty billion dollar pledge to bolster the technological independence one of the plans. Big goals is for europe to make up about twenty percent of global chip sales by twenty thirty. Which would be double their current market. Share it's all part of the blocks broader ambition of catching up to countries like the us and china when it comes to technology for more on this we turn to our reporters do. Hey stu thanks for being here. Thanks for having me okay. So why is the eu making this pledge. Now what's been going on in the tech sector that europe feels. It needs to address one of the things that the pandemic really showed was how dependent european technology is and other parts of the world especially for things like computer chips. So there's a global chip shortage right now and one of the reasons that there's been an unexpected surge for things that require computer chips so we're talking about laptops and tablets is part phones for for people who are doing remote work and schooling. But another thing that you might not think about requiring a lot chips cars cars now required dozens of chips for things like controlling the engine transmission. Backup cameras infotainment systems stuff like that and europe has a huge car industry. Yet you're thinking we're thinking companies like mercedes and bmw. Volkswagen and some of these companies has had to have to cut production and even furlough workers idol factories because the bill the cars. Because there aren't enough chipped going round in this world so the idea behind this is to have the european semiconductor companies have greater presence in the world so that these car companies don't have to go to places like the united states and asia by chips rate and i think when we think of the major global players in tack we think of the us we think of trying to and others we don't necessarily think of the e us tech scene. So what does the industry look like. They're now and how likely is push to work. As far as semiconductors are concerned the us and asia really dominate the sector. So you think of big companies like intel and does samsung. Tsmc there either in the us or asia. So you're trying to play catch up right now so you're does have a couple of big semiconductor companies like annex p. and am allen. The netherlands infineon in germany. But they are sort of in niches of the semiconductor industry. They focus on things like making the machines that make chips for instance or for specialized chips cars or industrial uses. They don't have the big chips that go into data centers or laptops or smartphones. Like the us or asia dies. So that's what they're trying to do. They're trying to really spur. This hub homegrown industry. But there's not a lot to start with and the learning curve for developing these really tough technology that requires really expensive manufacturing facilities. It's really steep and it's a nine years. That's a short amount of time to try to become a bigger player in the global chip industry right nine years till bat. Twenty thirty goal. They set for themselves. So why do they see this. As such a big priority. One of the stakes for the eu. One of the things That they realize was that volkswagen for instance they had to furlough workers idol factories because they couldn't get enough chips and they had to get those chips from other parts of the world. So this is a really really big deal for their economy. If some of their biggest industries can't operate because they're reliant in other regions. That's a huge problem for them. And that's that's been a story of their tech sector. In general for the past several years steel is the eu the only government taking steps like this or are we seeing similar action from others. The eu is not alone. And that's going to make its attempt to catch up and the chip industry even tougher one country. That's poured a lot of resources into advancing. Its domestic chip industry china. They set up. These huge government finds sometimes worth tens of billions of dollars in an attempt to catch up with places like the us and taiwan. Now the us in response they recently. The congress recently passed its own legislation to sponsor projects to spur the us chip industry. And each of these projects might be worth billions of dollars. They might get billions of dollars in tax taxpayer aid or financial incentives to build facilities in america to try to stay ahead of places like china. So that's going to be a really tough thing for europe to do is first of all the competing against two very well funded region and china and the us plus they're starting from from a smaller base and that's a couple of countries working to build up sort of technological independence. What does it mean that. So many governments are focused on that. What kind of impact could that have right now. We're talking about the potential decoupling of the tech sector. So there's been tariffs and expert controls between the us and china basically for something like chip industry is really important for a couple of reasons. One is military. The most advanced fighter jets and tanks and drones require really sophisticated chips. Artificial intelligence requires skated chip. So the wars of the future going to be determined could be determined by semiconductors on top of that there is a economic independence. If you're an apple samsung you need the most advanced chips to build your best laptops and smartphones. So we're talking hundreds of billions of dollars at stake here. If countries can't trade technology with with each other we're gonna see slower development of things like electronics. So we're talking billions of dollars at stake and possibly slower development if people have countries aren't willing to share technology with each other.
Samsung Launches 980 NVMe SSD that Combines Speed and Affordability
"Samsung announced a follow up to its nine. Seventy yvo solid state drive called the nine eighty the drive is an m v m e. m two three point drive and cost between fifty dollars for the two hundred fifty two hundred gigabyte model to one hundred and thirty dollars for the one terabyte version. This is samsung's i d ram less. Mvm e ssd it takes advantage of the host memory buffer feature in the n. m. e. specification instead which also brings the price down. Samsung says the nine hundred can achieve speeds of up to six times that of a saudi-based s. Cbs news reports. The twitter is suing texas attorney general. Ken paxton in federal court following an investigation. The attorney general launched into twitter after it banned former president trump twitter alleges the attorney general is violating the first amendment by trying to punish the social network for exercising free speech rights over the content hosts. Criollo is ten years old and in celebration. Google announced new tools coming to the platform. A feature called phone hub. Will you find an android phone from a chrome os device together with one. Click and check. Your phone's battery. Life wifi sink. Lets you automatically connect to wi fi networks that your android phone. It's nearby share. Lets you easily share. Files between chrome os in android devices without needing an internet connection. Cremona screen reader is getting improved controls and clipboard can now store up to five things apple released. Ios fourteen four dot one an important security update to address a web. Kit vulnerability update aims to prevent code execution in safari and third party browser. So go do that right away. Apple also released a preliminary update from its women's health study team at harvard chan school of public health. The study of ten thousand participants in the research found that menstrual cycle symptoms included some that are less commonly known or disgust such as gastric issues and sleep changes. This kind of data can help. Researchers better understand various health conditions such as polycystic ovary syndrome infertility and menopause amazon is expanding its amazon one technology which lets customers pay inside a store by scanning their palms to identify themselves expanding to more stores in the greater seattle area. It's now available. In amazon. Forced star store in lynwood and in the coming weeks and amazon books store and bellevue. And it's forced our and pop up stores in south lake. Union amazon says twelve of its physical stores will soon feature the technology will give you a dollar if you take a picture of yourself with palm pilot trying to use it to log in at one of those games all right. Let's a little more about what's going on with the european union. Your opinion union has pledged more than one hundred fifty billion dollars to develop next-generation tech industries as part of its two trillion economic recovery package. The plan sets goal for europe to produce at least twenty percent of the world's semiconductors by value to twenty by value by twenty thirty. So got a little under ten years to double it. Last year produced ten percents. The biggest european chip companies are infineon and an x. P. which make chips for automotive and industrial customers a snl in the netherlands makes equipment used for chip-making plants taiwan in the us or leaders in the space but companies like tsmc and intel europe has had success encouraging domestic industry before with airbus gsm technology but domestic tech self reliance is becoming a trend last month. The us launched a review of supply chain disruptions with references to encourage domestic production china built chip-making self reliance into its latest five-year plan as well
Qualcomms incoming CEO on what he really thinks about Apples M1 Macs
"Welcome cristiano. Thanks for joining us on the podcast today. Very happy to be here. Obviously you had some big personal news. You renamed the new. Ceo starting to stummer congrats on that wall. Thank you so much. Incredible privilege for me to be named seal. I'm very honored butter. Yeah we'd love to hear a little bit about What are your first priorities. Going to be as the incoming ceo. Weren't you begin. A lot of people. Ask me this question. Would i like about about this transition. We're doing a qualcomm. This is a story of continuity and it's about keeping qualcomm. You know technology. I company company continue to lead the pace of innovation but having said that We have been doing over the past few years really transforming the company into beyond mobile in oh always had a very strong in mobile business our core business also the licensing business but we started to grow into automotive starting to grow into analog with our ephron sorta grow into the beginning of that so the priorities will be continued to execute on this incredible opportunity. We have ahead of us. Which is five g which is also making telecommunications or communications in general no longer unique to the mobile space but across every other industry and really capitalized on that opportunity. Cristiano to that as you take on this role what are some of the biggest challenges facing qualcomm. Wh what keeps you up at night. The number one challenge we always said in. Our businesses is very unique. We have to reinvent ourselves every year. We have to win the flagship. You know over and over again every year so you know i think all of us qualcomm. It's about making sure hours was focused in driving technology roadmap to become complacent continued to drive the roma ford. And you know right now. If asked me what keeps me up at night right now is supply chain grads as having the semiconductor industry. I think it's the result of a lot of success in general about an acceleration of digital transformation across a number of industries. But this is causing a lot of stress as the supply ching was not prepared to deal with the growth. And but you know we're navigating a very happy to the position we have right now. When is the supply chain issue going to end like. Is this something that gets resolved. Pretty quickly or is it something. That's going to take a long time until like samsung and tsmc. Some of these other companies can build mark factories. No look if will get better at the end of this year we have line of sight and even our scale We're very fortunate very well position. And we have line of sight of this going to get result with entity or but you're correct Part of solving this problem is to a celebrates didn't build out more capacity and that is about building buildings in new clean rooms in new equipment. The way to think about that shara is When depend hits There was an assumption made in general across the industry that that the capacity for semiconductor. You know for if especially if there will be recession given pandemic mike you know was it was good in the reality. What we saw was the opposite the enterprise. Transformation of the home people buy new computers by new printers. New wi fi systems upgrading broadband companies had to connect their assets. So we saw celebration of. I'm not in digital transformation across the board Paper money disappear. That's people started digitize. You know everything payments Even a small business and we always said the mobile has been very resilient five g we said Into very beginning we state our five g numbers even the beginning of the pandemic said. If i've transition is still going it's important. We ended the year the high end so all those things happen for a capacity that was not put in play for growth. And i think we're just seeing you know the effects of of demand in supply. But the manda will catch up with Supply supplier vice versa towards the end of this calendar year one area. I'm really interested to hear about is the pc market You know obviously this is an area that had tons of demands over the past year for laptops and other devices report working from home call comes made a big push in putting your mobile chips in. pc's We saw apple. Come out with. Its m one powered max which proved to be extremely popular How is demand for those m one devices. Impacted your focus on pc chips. Hasn't your computers more and demands like what sort of impact has the m one had on akam pc. This days is one of my favorite topics. Conversations finger for discussion look rented and talk about the specific demand. For 'em one. This is a great opportunity to talk about the trend so the pc was being transformed and we always believe welcome that you know. They'll be conversions between mobile nbc and mobile became the bigger platform. They're more smartphones. Abc's to develop. Our eco-system is driven on the mobile side. And we believe in that convergence. That's where we started. You know several years ago. I think more than four years ago with microsoft on this journey of windows on snapdragon in now recently with starting to see snapdragon on chrome os in chromebooks then the pandemic hits and would have been hit. It change certain things forever. And i am super excited about this because like if you're talking to me from a pc right now. And i'm sure you are you. And roger. b. C became a communicator device. And as people make phone calls they started make a teams called zoom. Zoom became a verb in many languages in c. now is connected became a communicator device. Camera become really important. I'll do a multimedia became important. You doing you take a break. Watch netflix the future. With five g connected disease are going gonna watch Not only video but gonna play stream games with ex cloud an amazon luna luna or google stadia and all of that and then on top of it people. That had a workstation are home. They don't have a workstation to have their laptop but using five on demand computing. You'll get access to any application that you can run on the cloud computing platform of the cloud so the pc's completely transformed in apple switching to a m one with an arm instruction set just validated at transformation. Start moving developer as fast paced. So we're more convinced an ever. Conversions is going to happen b. C's going to be a great opportunity for expansion on snapdragon and it's that's one of the first things i did after being announced to co elect was to do the acquisition of nubia s. We believe there's an opportunity for us to lead into cpu performance as well as we start to think about this complete transitions of pc to associate. So let me let me ask gonna fall on that. Because i think we might have a new but one thought on this question about apple versus talk about the long-term opportunity but were you frustrated by the fact that you have been pushing snapdragon power laptops for a couple years now. That have really gained a lot. Traction while attention than apple comes in with the san juan and one powered mac guy huge buzz postal raving about these things whereas the other snapdragon laptops will ask. We have not really gone. The best to reviews was some frustration. That did you get to go back to your team coverage thick how you do this. I'm just curious your thoughts. On the the the different reactions that though snapdragon lockups had versus those and one. Max no no not at all i. Here's how answer this question roger. We knew that we started this journey. And this journey about a windows for example which is being running on x eighty six. You know Forever when needed to introduce arm extraction sets to windows and we work with microsoft and we knew that we're still building this journey as an example for example In this summer we're gonna now. We're celebrating that you know that next latest update for microsoft windows which announced support a sixty four. Bit emulation on orm in wish starting to see the very first time the enterprise ice laptops. Hp just launch commercial. Enterprise laptop with into snapdragon. So we're at the beginning of the ramp in the way we see the apple lounge. It's a great tailwind. Because what apple did by lounging does not only validated that transition but you know moved developer ecosystem the difficulty that you have when you try to introduce a new instruction set on the pc and this is not new to to apple. I think they've been to those that. That transition twice if you look at their history and then maybe have tried in the past trying to pass the longtime ago with a windows rt and and that really only works. When you're no longer have a second class you know a platform is just the great windows. Experience in every application is gonna run in. You're going to be able to keep everything you had a windows. Any wedded new coming from mobile platform in in. We believe we're now getting to the end of this journey in what what apple did which really help brother ecosystem. Apps apple helps microsoft basically create the resolve within developer system to start doing arm native apps going forward so my answer to a question is super. Please we're super excited invalidates. You know that bats. And i think that's going to happen Not only within. You know the apple wicca system but within windows as well as google and no question when we announced a new via acquisition if you look a press release was incredible as a parade of everybody to mobile nbc segment including microsoft in google in the saint press releasing. This is great. You know so. We're excited about that. Yeah i wanted to dive a little bit more into nubia You know you guys pay. I think one point four billion for this company started by former apple engineers. Basically you know why. Why do you need nubia okay. I'll you know i'll tell you. The story in this has a lot to do with the conversation we just had about. How welcome see some. The industry transitions in how we execute on them. So the story is if you remember back in tweet g. into feature phone days and the blackberry we knew as we brought four g and mobile broadband to the seller space. The will have to become computer. She's gonna have a broadband so you need to have a computer in your hand to make use of the broadband and you're going to have a prosser we're gonna run of have an application and In we knew at that point that you didn't have a high-performance processor for battery powered device we could not get that from the arm roadmap to so so we basically put together a cpu team and we build if you remember. Scorpion was very first. Gigahertz clock. cpu in a battery powered device After that crate in debt drove the absolutely majori of the smartphone platform across. You know that time you know indoor it was growing to other oh s.'s. At the time and clearly it was squawking was the forefront really creating a mobile computing platform with our own. Cpu
The chip shortage is a manufacturing problem that wont be easy to solve
"Here's what's going on. With the chip shortage thing. I among us chipmakers only intel fabricates. Its own chips in the us. The rest contract with big companies mostly in taiwan or korea which are known as fabs the biggest tsmc in samsung. Their facilities are incredibly expensive and take years to build and even upgrade now add in pandemic lots of people at home buying computers tablets phones throw in the pandemic slowing down. The actual manufacturing and there aren't enough chips for cars medical equipment or all those other devices last week. President biden requested thirty seven billion dollars from congress to kick start the domestic supply chain for chips on shell. Sag covers the semiconductor industry at more insights and strategy. I asked him. If that'll be enough. I think thirty seven billion dollars is very likely a down payment. I'm not really sure it's enough because ultimately if we want to move enough chip producing capacity to the us There needs to be a considerable monitor investment to incentivize the tsmc's in the samsung zoo world to do that. So the companies that develop chips in the united states many of them all contract with the same foundry right. Tsmc so it's not like they're completely in charge of their own supply. They are constrained by how many chips say. Emc can produce and what other arrangements. It has to sell tips to other companies exactly. So there's there's tsmc the samsung and there's global foundries Those are like the bigger ones. Tim is their provider of everyone. Silicon and based on the customer relationship that accompany house with tsmc ultimately determines what priority they get in that pecking order of. What's available and then tell me about intel does have its own foundry but it doesn't seem like that's going that well yeah. They had some of their own challenges with these new or process nodes and they've been struggling to overcome them and they just recently got a new ceo and they're really aggressively pushing for resolving these issues But they've they've shown that they've been able to overcome some of their challenges and increase their supply because they had shortages of their own prior to the pandemic And now they seem to be kind of getting back on track to a degree but ultimately intel is only producing intel products. This is a complicated problem to solve. Do you think that there is a best solution like do. We just have to wait out. Covert it in this shortage and beef up. Companies like tsmc or is the intel model of companies producing their own chips. Going to be the future. I think there is a valid concern in wanting to have a certain percentage of chip capacity in the us. We have to just figure out what is the right number. For how much chip capacity. We need in the us and how much we as us. Taxpayers are willing to front that bill to ensure that national security level of chips. Apply right because it will most likely come down to a minimum necessary investment. Because i just don't think that it makes sense for the us to try to replicate what tsmc incur and samsung have done in korea and taiwan. Because it's double digit billions and that's just a short term cost. What is and this is just out of curiosity in some ways. What is the role. What role does apple play. I mean i wasn't apple like pretty early to go fabulous and maybe kickstarts some of this trend and then now apple is like intel creating its own chips for many of its products and building this kind of big apple only business. I'm just kind of curious about where they sit in this whole landscape. It's interesting because like you said apple is fabulous and they do. They do design their own chips but they ultimately still do depend on. Tsmc to those trips. And i believe they are number one customer but they do have a role in the industry where they they do influence. What kind of tools are necessary for the fabs to purchase Materials and new technologies are being adopted because ultimately you know what apple wants does drive how the market moves in terms of sensors and and chips. So i think apple's influence is one its size They do influence how much industry will grow and they also influence what kinds of technologies get adopted because their scale make make certain types of technologies profitable And i think with this trip shortage. You're seeing apple not really talk about it very much at all. Because they're kind of the first ones in the pecking order and I think that they've anticipated chip demand just enough that they probably don't really have much to be worried about. So and the pecking order
Apple reportedly developing next-gen ultra-thin displays for AR devices with TSMC
"Nikei sources say that apple partnered with chipmaker. Tsmc to develop micro. Ola displays would displays built directly onto chip wafers for use in our future. Headsets that displays underdevelopment are less than one inch in size with mass production estimated several years away the beta for iowa's fourteen point five adds accident hazard and speed check reporting to apple maps. A new report button is available in the bottom tray of maps to report incidents and voiced support for siri is available as well and analysis by cambridge university university although they probably have anniversaries also estimates that bitcoin mining consumes roughly one hundred twenty one point three six terawatt hours of electricity per year which would make a top thirty energy consumer if it were used by country however for context the researchers noted that electricity consumed in the us by always on inactive could power the bitcoin network for year. I liked that comparison there. It's like yeah that sounds bad but then also that Following its launch in australia. Google new showcase launched in argentina and the united kingdom offering now includes free and paywall two articles for more than one hundred twenty uk and forty argentinian outlets bringing its total to four hundred fifty publications twitter announced monetize daily active users increased twenty seven percent on the year in. Its q four to one hundred ninety two million but missed analysts expectations of one hundred ninety three point. Five million with growth slowing for the third consecutive quarter. Twitter also said wednesday it suspended more than five hundred accounts and reduced certain hashtag visibility in india to comply with several orders from the indian government amidst farmers protests on agricultural reforms in the country. The twitter accounts are only being blocked in india and don't include news media entities. Journalists activists were politicians who have twitter accounts and twitter. Cfo ned siegel said on cnbc. Wednesday that people removed from its platform are not allowed to come back and that applies to president donald trump. Even if he ran for office again. All right let's talk a little bit more about what twitter is planning jack dorsey. He's been talking a lot about decentralisation over the past couple of months what did he say. This time scott feels like every time i'm on the show. There's something about his little idea but on this same call with investors on tuesday twitter ceo. Jack dorsey explained how it's internet project or internal project rather called blue sky and this something. He first announced wave back in december of two thousand nineteen Could create a decentralized social network to give people more choice over their twitter twitter experience Dorsey said twitter might create multiple rhythms for you to choose from offer them alongside those made by others a sort of marketplace on a lot of detail beyond that but dorsey feels Choice like this would not only help out business. But dr more people into participating in social media in the first place Decentralisation could also help twitter address concerns about moderation neutrality. all that kind of stuff Pretty fascinating idea I i still hope he does it with partners. And not just a a twitter store with algorithm skins. Well i mean it sounds like it's it's a combination of both the way twitter sees it happening. The company itself would say all right. You might want this experience. We have enough user feedback to know that some users are frustrated with the kind of stock twitter experience and using hashtags and maybe Filtering out certain keywords or searching for users or topics isn't enough for you you want twitter built a certain way and we can do that for you but then the company saying also third party developers might have some really great ideas and we welcome those algorithms as well as long as you know people wanted that. Could this be something that people would potentially pay for in the future. I would think yes. Yeah although i mean his focus on decentralisation implies that this would be something out in the wild right to the for longtime twitter's been talking about maybe we'll partner up with an existing decentralized solution which there are a few out there like mastodon. And i think that's a really really interesting way to approach this to say what if we decentralized twitter and differentiated twitter is just one of the better ways to talk with folks but like you said scott. He thinks that would help drive more people into participating if there was a federation so to speak that mastodon is that right now but twitter isn't part of mastodon so you don't have enough people using it so it doesn't get that momentum that it needs if twitter gets behind something like that whether it's mastodon or something else then suddenly it's got momentum and if you could say like well what i would like is a more environmental spin on this. I want a more libertarian. Spin you know wanted to promote things that are more about molecular biology promote scientists. I want i want to have a spiritual issues in christianity. Promoted more you you could have that and still everybody be participating in the same network and to his point about moderation neutrality. If you're the one picking the algorithm then you might have issues with how that particular algorithm works. But there'd be less burden on twitter or any other participant to be the person in charge of deciding what gets promoted and what doesn't because you'd have a lot of different approaches to it
Apple, TSMC teaming up on AR headset displays
"Apple partnered with a chipmaker. Tsmc to develop micro. Ola displays would displays built directly onto chip wafers for use in our future. Headsets that displays underdevelopment are less than one inch in size with mass production estimated several years
Qualcomm stock drops despite earnings beat, 5G sales surge amid supply constraints
"After the battle, Qualcomm reported disappointing sales forecast the chip maker saying sales will be between 7.2 to $8 billion for the current quarter. Qualcomm's results for the last quarter did beat estimates. But some analysts were expecting more. And that's because the Apple, a major Qualcomm customer, reported surging iPhone revenue. Bloomberg's Ian King told us earlier that the company's performance was also occurred by supply constraints. Because of the pandemic. A lot of companies, particularly automakers, looked at the world and we're like, Oh, dear, the world is coming to an end. We're in, you know, collapsed. A. We need to shut down production. We need to shut down our orders with the council orders. So if you don't do that, then a couple of months later they are actually no, It's not looking quiet. But as I thought, that's what can I have Some more chips, please? Those things are not back on the shelves. Ready to go. Qualcomm count the outsources production to TSMC and Samsung and these air among the producers who have struggled to keep up with demand and some areas.
The Story of How TSMC Came To Dominate the World
"So obviously tracy. We've been talking a lot about chips lately. But for all the episodes we've done we haven't hit like what is sort of a. I guess i would say the elephant in the room or the gorilla in the room that keeps coming up over and over again. We've been going at a. I would say from a us perspective. Very focused on the trouble at intel. But we haven't really talked about the success story. That is taiwan. Semiconductor manufacturing company better known as t s emcee. Yeah exactly right so every episode that we do it sort of comes back to them. What a juggernaut. They've become and of course you know. The sort of basic story is that manufacturing chips is extremely hard It's extremely expensive. And it's very difficult to scale until Is one of the rare companies that designs and manufactures. Its own chips. But that for a lot of these companies that are sort of exploding ri- gaining market share there Having taiwan semi manufacture them and taiwan semi is getting extremely good or is extremely good at a manufacturing and maybe Pulling away from intel some extent in terms of its manufacturing capabilities. Right and i think they actually invented the foundry model which you know this idea of just manufacturing chips which keeps coming up over and over and over again in all of our conversations as one reason the entire semiconductor industry has changed and one reason why intel is struggling but the thing i find kind of amazing like in twenty twenty one. We all take it for granted. That tsmc is this massive player in the semiconductor industry in the world. Really but i find it really really noteworthy and you know somewhat surprising. In retrospect that what is a single company on an island has emerged to really dominate chips. That are now vital to all sorts of things so computers smartphones cars. Everything i think. Tsmc manufacturers little over half of the world's chips so it's not quite a monopoly but again like they are the juggernaut in the room as he put it absolutely. And it's such a. I mean it's such a pivotal company for a lot of reasons. I mean you mentioned cars. It was just a story this week recording this january twelfth by the way there was just a story this week about how car manufacturers around the world are actually running into supply constraints because they can't get chips because of the chip manufacturers decided to reduce their production of automotive chips during the crisis in the spring on the expectation that demand wasn't going to be there and now they haven't ramped up taiwan semi They're to actually reporting earnings. This week expected to be very strong. Earnings are soaring. stock is soaring. And then of course. Because it's in the strategic position end because taiwan itself is in this Uh strategic position obviously between the us and china and the roll over its status. It's just an incredibly central player and sort of necessary to understand the story right a big player in tech big player across multiple supply chains in a bunch of different industries. Uncertainly player geopolitics as well. So we really talk more time on semi and we have the perfect guest to do that. Someone who knows all about the company who's been covering them for a long time since long before they were the dominant player They are today. We're going to be speaking to copen. He is a tech columnist at bloomberg. Opinion has been with us a bloomberg for fifteen years and he's actually been covering The tech industry from taipei specifically for the last twenty one years Everything about Taiwan semiconductor where it came from this important player so tim thank you very much for joining us. Hey thanks time guys to talk to you tim. How would you describe the importance of taiwan semiconductor in the world right now well as you assess just saying they are so huge. Tracy pointed out the creates. Such a large share of the world saw chips. There's probably not a single device in the world that doesn't have. Tsmc somewhere but whether it's a car die. Fine of course famously. But even some really unimportant boring things like temperature sense. A hiya or some led lights array there. They do serve much of the waltz products. They're they're basically everywhere and so if that would've stopped production. Tomorrow i think the global technology industry would grind to a halt very very
The Great Microchip Shortage of 2021 Is Causing Headaches for Tech Companies, Car Manufacturers and More
"This is business wars daily on this monday january twenty fifth. Happy star the week everyone. Well we've got one of those good news bad news situations to kick off the week. I the good consumer demand for electronics like laptops five g powered phones and even tech-laden automobiles has bounced back faster than expected that means that consumers are spending again and that's good for the economy now the bad news. There's a global shortage of semiconductors. More widely known as micro chips are just chips yes. Those little electricity conductors that form the essential components virtually all consumer electronics are in short supply. And that is making it. Tough for manufacturers to meet demand and that in turn is bad for the economy now there have been periods of chip shortages in recent years but a perfect storm of circumstances makes this one especially tough to beat. According to a wall street journal report in the early days of the pandemic demand for laptops and cloud computing services surged among remote workers creating greater chip demand. Now ten months in consumer spending is loosening up especially in certain categories as new car sales began to rebound each with an average of one hundred. Semiconductors touchscreens computerized systems and other bells and whistles. Well that means a lot more chips on top of that. You got five g phone sales spiking and that means even more chips and then there's a so-called internet of things iot where everything from your refrigerator to your bathroom scale can be connected to the internet and of course you guessed it more chips which means big moves from the world's biggest chip manufacturer taiwan semiconductor manufacturing corporation or t s mc the company's making enormous investments to respond to the chip shortage and possibly emerge bigger and stronger than ever bloomberg reports that. Tsmc spent seventeen billion dollars last year to boost manufacturing capabilities. This year total spending could be more than twenty five billion to push its output even more that kind of spending would make it one of the biggest spending companies with a market value of ten billion or more in other words. The corporate wallet is wide open. But there's a method behind the mad. Spending competitors like intel. The biggest chip manufacturer in the us by sales are struggling to meet demand. The tech giant replaced it. Ceo after losing ground to us competitor. nevada Bloomberg report said that intel has been in talks to outsource some of its chip manufacturing to tsmc turning the competitor into a supplier to while it's not confirmed bloomberg analysis speculates that if tsmc can cement that outsourcing relationship intel may shift. Its focus away from its own manufacturing efforts and opt to focus on other areas of its business and become a long term revenue stream for tsmc right now though scoring everything from laptops to new cars is a struggle with some plants actually sitting idle while they wait for the chips they need or forced to pay higher prices for those that are available but if
"tsmc" Discussed on Back From The Future Podcast
"Ran smoothly in the miniatures. But then as i got into the game play a started noticing video artifacts every few seconds is the screen seemed to pause and tara little. I kept pushing on. But as soon as my son started downloading the app to his device the artifacts in the game stream only got worse. I tried to play a few other games. But saw the stuttering pausing artifact in every single game tried to play it again the next day when no one was online but i saw the exact same thing. This experience overall pained me because there were a lot of things that were good about this experience there were no game installs in downloads. for instance. Latency was hardly an issue and usually imperceptible. Some games even managed to play four k at sixty frames per second but it was hard to tell. Which ones did or didn't at times. Plus it was hit or miss depending on the title overall was impressed by what google managed to get done in their first attempt at launching such an ambitious project but in the end there are still some finer details in the game stream itself which have to be worked out before i would even considering using it. Fulltime are purchasing games in their ecosystem not to mention. I'm already in. Xbox game pass subscriber which comes with over one hundred games from microsoft and over ninety games from ea not to mention as well titles from zillow max coming next year which also includes games from festa. It would be hard for me to pay ten dollars a month for stadia plus have to purchase games in their ecosystem and consider that a better value than what i already get with xbox game pass for almost the same price. The barrier to entry is too high for stadia in the value is too low for someone who already owns a console for this one. I have to take a pass unless you're just starting out and don't mind putting up with some frame rate issues here or there. I can't recommend this service to any serious gamer dj. I couldn't agree with you more. I got suckered into the google. Stadia debaucle when i purchased the founders edition. I purchased.
Apples flashy M1 chip raises the question: What happens to Intel?
"With me is resident big brain and expert on all things technical stavish shanklin. Welcome stephen i own so apple. Developing its own and one ship to power macs marks the start of a break up with intel which really intel processors have long powered macbooks for more than a decade a decade half. So how bad is this for intel. It's modestly bad so in the short run. It's not a big deal. They'll start to lose some sales because apple will start selling mac books with its own processors. But it's still selling a lot of macs with intel chips in apple. While very prominent company is a small smallish part of intel revenue. So kind of at first glance on paper. It's not that big a deal but reputation. It's a big problem. And what you say. The break-up just started while in the marketplace. When you're buying something just started but really. This breakup started years ago. When intel failed to improve its manufacturing to modernize its chips to make it fast. Make them faster so really this has been going on for quite a while this just sort of public manifestation of the break up so really this is emblematic of deeper problems at intel. That's segway because i wanted to ask if there was anything that intel could have done to avoid the scenario. Was this always in the cards. I don't think it was inevitable. I think that if intel had continued with tiktok approach that it had a few years ago where it improved the architecture of its chips one year than it improved the manufacturing the next year then group the architecture group of manufacturing going on okay for awhile did that knit. it kept its competitiveness. If it continued to do that apple might still be selling until basement acts but one of the big things that happened a few years ago was apple. Acquired a chip design company called pa semi that started designing its iphone processors. And it's been improving the performance in the abilities of those chips steadily for several years so even if until had been more capable with its manufacturing in stayed more competitive apple. No-doubt would've looked at its own in house chip expertise and abilities You to be on a pretty good run here and doing chips in house saves apple a lot of money analyst estimates. I've seen her probably about a hundred dollars to two hundred dollars per laptop compared to buy intel chips so there's a huge financial incentive for them to bring that in house but the other point is. There's this so-called cook doctrine named after. Tim cook which states that apple wants to control the most important fundamental parts of its technology. And there's a few things more important fundamental than a processor processor. The operating system like the app store and all kinds of control points for apple but the processor. It's really important. So bringing the m one chip into the max really gives apple a lot more control over its future so even if until had stayed more competitive it still seems quite possible that until would have lost this business got an you talked about apple being a small market small relatively small contributor to intel's revenue accounts for about seven and a half percent of the pc market as of according to see the last the last quarter results. But obviously this is a big perception issue for intel. I'm just curious what the impact is on the broader. Pc market of other peacemakers are gonna look at what apple is doing any other follow suit or at least consider these kinds of mobile processors. That intel doesn't make Here's the funny thing in a lot of ways the intel base pc makers down hp lenovo. Those folks actually already are ahead of apple. They've already been offering pc's with arm based processors built by qualcomm. But here's the deal. Those chips are not particularly fast. In fact they're pretty lacklustre so those are kind of which not a high priority model for most of those guys until still rules rules the roost. What apple is showing here is that you can get a much more reasonable balance of performance and battery life so the way i see it is apple's move could potentially embolden qualcomm it could embolden. Pc makers microsoft has a microsoft likes these arm based pc's could help push the future in that direction. They don't really have the processing horsepower to do that yet. Now maybe in a year or two or three qualcomm will start offering more powerful parts or somebody else will start doing. Maybe even another intel competitor like amd could potentially get excited about this. It's not clear to me but there. This could embolden the other parts of the pc world to move this direction. But they really don't have the technology pieces in place right now for that to happen anytime soon. So you talked about in your story. The various problems until faces. And you actually make the point that apple breaking up with intel or going through. This break-up isn't even the biggest problem facing intel. What what is what is the thing that keeps them up at night manufacturing problems so for years until has failed to modernize its chip manufacturing and this was a competitive edge that intel had for decades over other chipmakers. It's one of the reasons that it is one of the three remaining big companies that manufactures chips along with samsung in south korea and tsmc in taiwan so intel this this is the company that was co founder coined the term. Moore's law or it's named after him. Gordon moore they were. This was a core. Part of their reputation was being out on the cutting edge of processor manufacturing and they really dropped the ball starting about five years ago. And it's been excruciatingly painful for them internally and for their reputation to watch. Tsmc and samsung get ahead of them in manufacturing in. That isn't just a reputation issue. It's a problem because chip progress. Means you shrink the size of the electronic components the transistors on a processor. And that means you can squeeze more processor. Excuse me squeeze more transistors onto a processor economically which means you can make a chip. Do more stuff can have more cash memory. You can accelerate a accelerated graphics. You can just do all kinds of more stuff. That's what apple has been doing with. Its iphone processors. Every year it's been reducing new more capable processor indulge stock with its old processors. And so that's been really crippling for them. In moving to the new manufacturing processes they continued to stumble and most recently in their most recent earnings their new server chips. That was supposed to arrive. This year out turns out that's going to arrive next year so there continue to be problems and if if i could get that manufacturing back on track it would be in a much better position everything else would go more smoothly but having that foundational technology problem it's really crippling them.
"tsmc" Discussed on Daily Tech News Show
"So yeah, not not surprise. So what does this mean for China Sarah Yes lest you think China will say, all right I guess we had our day Nikkei Asian review sources are saying that Chinese chip companies as Q. An actress MC have each hired more than fifty former TSMC engineers since last year as China builds up its domestic chip supply and cuts reliance on foreign suppliers, both companies are led by X. TSMC executives and are developing twelve and fourteen nanometer chip processes. China. Has the world's most new plan to chip plants and will top all other countries and spending on chip-making equipment in twenty, twenty and twenty. Twenty one Chinese companies have been learning away top engineering talent in Taiwan and South Korea with lucrative packages. Nikei sources also say that TSMC employees were offered packages as high as two point, five times, their annual salary and bonuses. So we we've seen this happened in Silicon Valley Right You know the most just out of his Tesla and apple and people swapping back and forth and accusations of poaching. It's not a surprise to me that China wants to build up its shipbuilding inside when there is so much pressure to not sell to Wa. Wa. For instance, right. But they've got a long way to go twelve and fourteen nanometer chip processes are several years behind that said, don't count that as the end of the story because China has a history of starting from behind throwing money and labor at a problem and building it up until they catch up and sometimes surpass they. They've done it in a I They've done it in a in a few other arenas well so This is just the beginning of that. It is interesting to me though that these. Weather these could end up being like other businesses. The China makes where they start by serving, China. And then start selling to the rest of the world. That's how China became the world's factory. At this point, they're building the chip processing because the chip processing is moving out of China. So there isn't that expectation that eventually all this investment will pay off by selling to the rest of the world I don't think that's what it feels different. Here's feels like an insular move the. We're making these for ourselves and we're going to not use all you folks you folks are leaving. So we're going to do our own thing that's different than we are going to catch up and then make it better than than sell it to the world and have a be cheaper and more accessible on whatever. So yeah, this is like a this is a flip from that for sure. I mean it's not as if the Chinese market isn't isn't huge. There's obviously a huge opportunity here but to not be an listen if we're talking a few years down the road, the global situation sometimes hard to say but let's say that the trend does move the way foxconn. Is seems to be leading the way in. Which is Bringing the workforce. Out of China into different regions then yeah..
A Tech Cold War Looms
"This week Britain's minister, Boris Johnson is expected to reverse a decision. He made in January to allow the Chinese telecom giant hallway to build part of the country's five gene at work. The British public deserve to have access to the best possible. Now if people oppose one brand or not. To tell us what's the alternative. Britain has come under enormous pressure from its biggest America which sees while way as a security threat. It's not the only Chinese firm that America views with suspicion. Last week Secretary of State Mike. Pompeo told Fox. News the government was considering banning the social media. APP TIKTOK. Owned by the Chinese firm by dense. We're certainly looking at it I. Don't want to get in front of the president, but it's something we're looking at. What would you recommend that people download that APP on their phones tonight tomorrow anytime. currently Boley if you want your private information in the hands of the Chinese Communist Party. and American firms are caught to the geopolitical tensions between the world's two biggest economies. Google Microsoft and twitter all said they would stop cooperating with Hong Kong's authorities for the time being because of a sweeping new security law there imposed by Beijing. It all adds up to what's being called. A new Cold War fought on a digital battleground. For the last three or four years, people have talked about the tech. Cold War. Patrick Fouls is the economists business affairs editor. This strange thing is it's been hard to see evidence of much damage on the ground, and in fact, the companies like apple and Hallway in China. It's really been a golden era in some ways with record sales and profits over the last couple. Couple of years was become clear however in the last few weeks. Is The tech cold? War is really beginning to bite. And why is that? Why is that split becoming so much more certain now? Well I think what you can do is look at it at two speeds. The world of software and the Internet was never particularly linked up in the first place so. Chinese consumers can't use most American Internet companies and vice versa, and what we're seeing, there is the final tentacles are beginning to unwind really very quickly, and that's that's example. The TIKTOK BAN THE REFUSAL US tech companies to play ball with the new Chinese law in Hong Kong so that. World really splitting quickly. The thing that's taking more time is the heart where supply chains which are much much more rigid structures is many many hundreds of billions of dollars of equipment in the grand huge numbers of people being employed, and it's really very hard to untangle those quickly, but that does not seem to be happening as well partly, because of the American actions against Hallway, but also because China seems to be deciding okay, we're GONNA have to go alone here which means we're going to have to really ramp up investment, and so, how how prepared are the country's respective? Tech Industries to to make that split complete. Will in the wall, the softwares already in effect pretty much happened in the world of hauled where the answer is, people are beginning to get plans up and running so smick this Chinese semiconductor company not take that seriously in the past by its Western and Asian competitors, but now it's really raising very big box the ideas to supersize the production capacity and sophistication of semiconductors in China. That's a process that's underway. Similarly Wall Way in China is scrambling around to find alternative sources for the key components that it purchases from the West particularly American companies and over the next I think eighteen months will see a sense of whether that's possible. The one thing to make clear is there are some companies. Companies here which are just left in very uncomfortable positions. Apple in China makes over one hundred million dollars a day there on the simply no easy way for it to pick sides in. You know it depends on the US Amazon China similarly. TSMC, which is the huge Taiwanese semiconductor company that really dominates the industry to some degree. It depends on Chinese customers and American ones, and for those companies that are caught in the middle. There really is no simple answer to this, but if the big picture here is that each country has to build up its own set of software and hardware champions, that sounds expensive redundant I mean. How easy will it be for these countries to make those parallel systems? Well I think you can look at it in two ways. One is sort of finances of it almost an and just that you're going to have to duplicate. Supply chains to some degree and I think that could easily cost. Hundreds of billions of dollars to do is not impossible, and arguably within the scale of the overall economy is a super tolerable inefficiency. I think the other call St-, which is much harder to get to grips with is just the risk of this process spiraling out of control. And to give you two ways in which could happen, it could easily for example move from the world of tech to the world of finance with western Chinese banks subject to sudden private. BANS FREEZES OF ACTIVITY. A night could be much more destabilizing because the financial system is very sensitive to changes like that the other risk is just that this becomes the thin end of the wedge, and sooner or later we find out that suddenly American calls or Chinese toys, or a growing list of things deem to be of strategic importance I and instead of this really being an argument bat security, it just becomes an indiscriminate path of protectionism, the house, a huge economic cost, but on technology end of things that is inherently a global business. How do you think other countries are going to deal with this split as it happened? Well the assumption I think of many American policy makers is the world's default is to use Silicon Valley and one of the things that will happen is that assumption is tested a pretty painful way? It's clear that some very close American allies. Japan Australia possibly Burton will. Ultimately vast choose go with America, but I think we'll see. First of all. China's tech industry now has a very big sphere of influence that includes a lot of Asia where people will continue to use Chinese tech, and secondly that some big economies India's the obvious one may take a third off, and you know be equally hostile, friendly to America and shine. And really seek to play both sides off while developing their own indigenous capacity, so the end of the day. You're heading towards a world where America. Controls most of the world's technology, and then there's this Galapagos of China with its own systems. I think instead your heading to world, which is very fractured with the bulk of the world's population living in countries that use both systems and probably mistrust both to some degree. So. Is it sensible to ask who's likely to win the technical door? I. Think will see both superpowers do probably just find because they are huge. Sophisticated markets and the real losers will be the node countries that are sort of stuck between the two places like Taiwan Hall Sibley Career, where really it's impossible for them to pick sides, and where the own technology industry as a result is going to face a very difficult Erie. Patrick thank you very much time. Jason thanks for having me.
Gauntlet.Network Tarun Chitra
"Taran, and the under Gauntlet and I. have kind of been spending time trying to make the economics in kind of. cryptocurrency land little more interpreted. But I've spent a long time working on solution based research. At hoping to apply it to. as people develop crazier and crazier. Systems. You're angry you're is. so the I think the trademark question of being this is usually. What's your back story? How did you get into crypto had his face. Deputies Yeah definitely so Ten years ago I was working at a company called D e Shaw. Research and we built a six for doing. Physics research so a sex In like two thousand and ten I'd say the majority of the people who are working in sex reader, building it building them for telecom use cases. So a lot of Customs F. F. T. like high throughput fit devices for. Different sorts of encoding and encryption. Mechanisms as well as You know defense use case, but there wasn't this current frenzy. Where right now there's. Ever under MOM, trying to build an ACE for self driving cars from learning CRYPTO ET CETERA But we we basically worked on. You know building this crazy. A sick physics research with the idea of applying it to drug discovery, so we were we were. Building the simulation machine that simulated sort of the protein protein shakes. And Yes it was Kinda dislike. Crazy billionaires, research, lab, thing and you spending all his mind, his fortune on building these. And you know in two thousand ten and eleven. When when I was working there, there were a bunch of times where we would by chip space. And the way, the chip-base selection works is yeah. There's a big there's a big physical wafer, and unless you are spending a billion dollars or buying a huge amount of jets basically SMC and Samsung and and people like that will just kind of tell you to. Paul. Probably even less than this. Fuck off! They will instead be like. Go Talk to someone who can take a hundred different orders. Put them together onto one wafer, and like make it economical for them at like a billion dollars. 'cause like they'd be really can't. Run their fabs economically until it's billion dollars so. It'll middleman designer that integrates all these. Little people who are important enough for their time. Goes to TSMC. Yes so the way the way this works is basically you take away her. the you cut it into blocks so Let's say one millimeter square blocks and then you auction those blocks like you make a design in RTL use synthesizer say like this ship is going to be like ten ten ten ten years by ten centimeters. Are the total surface area, and then you go and buy you tell the producer. Hey, we need this much space. The producer take design ads in a bunch of installation. And like other like physical hardware logic to make sure that your design doesn't leak into someone else's so that when it's Fab, so most fabs work by laser etching, and so you don't want the laser to accidentally someone else's design of a gate to action to yours. And so they hold the risk of making sure that your designs on meet, and they also are oftentimes whenever you hear US politicians complain about like. China stealing our. Ip It's usually this step where this happens, often. Because because the these These integrators who put together orders they actually have to have more detail about like what each circuit is doing to make sure that there's like enough power in a certain place or like there's enough installations so that there's not a tunneling event stuff like that.
"tsmc" Discussed on WAFS Biz 1190
"Eighteen months somewhere on to the next circle note of of of processing and that gives not just keep the costs as it does in other industries but it makes these tips actually perform better nobody was even coming close to one Intel was capable of in these high performance chips now two thousand seventeen was one a promise ten Nanami to not gonna happen in civic chips that most important products until next year one of the things you put on your story which I think is so fascinating is that Lisa sue and her team made a key decision around their own manufacturing which has really allowed them to step in at a time as you point out when Intel has stumbled yeah I mean this is an example of her pragmatism and and what people tell us about it which is she you know she makes decisions are not based upon what you know becoming a mini Intel trying to compete with Intel on its own terms but doing the best for her company and position themselves on what she's done the shift that production to a company called Taiwan semiconductor manufacturing TSMC is as everybody knows it I'm not company has really pulled I had in the last couple of years if you believe the analysts and if you believe that some results and really that company which only does outsource manufacturing is benefiting from a a fundamental shift in the chip industry it's the vast majority of volume now comes from smart phones from smartphone processes from smartphone memory and everything else a lot of what goes on in chip factories of course is a science it's material science it's applied physics it's applied chemistry but it's also experience based putting the machines in the right order you know just the simple blocking and tackling of making sure that these things are working flat out TSMC.
"tsmc" Discussed on GSMC Fantasy Football Podcast
"Welcome back to the TSMC fantasy football podcast. We are just finished talking about the fantasy for the Pro Bowl and what to expect in the Super Bowl. But now we move onto more will not more interesting plan. Interesting things now the less perfect two thousand eighteen fancy draft. You wanna talk about it? Let's hear. Yes. I do would you like to guess who's on the lineup for perfect. So this is what the the base on the average round the player was picked. Yes. Exactly. Number one is probably like taught girly. Yes. Tally was the first round selection. Yeah. I mean, Mahomes is definitely has to be in there. Because of how good he was considering. He was probably like not even top twelve quarterback. That's your Mahomes is in the final lineup. Would you like to round, Hugh, I would say guy like? Hello. Let me just try and get some of these names you want in. Then guys kill maybe Turco is on the list. So you wanna get the players, and then guess the draft round sure, obviously kiddle has to be on there. Because. Right in that was a huge, boom. Just a fun. Fact bench backup tight end was not Travis Kelsey, but Eric Bron James Connor on this list. He is the starting one of the starting running backs him in earlier too. I asked because. He I didn't have like when he got hurt because a lot of people picked him as the handcuffed. But sometimes those players don't get drafted. They just get picked up on the waivers. He was one the last like, I think it was like thirteenth round something like that. I spoiled that free whatever, but the backup running-backs actually for your bench for like the perfect final bench lineup Sunni Michelle's on there and so's ancient Peterson. That makes sense. Yeah. Which yeah. Get started the season. So. Let's see. So you had girly Connor hill in Mahomes in Kittle defense on the defense. There is ravens. No, let's see you're missing too wide receivers one flex in one defense. Is the flex a running back or why did you see her? It's a wide receiver. Doodoo maybe do you on the list, but not the flex? So he's on the receiver. Yeah. You're missing two now one wide receiver one flex wide receiver. No. You were high on this guy. I was really high Corey Davis. But he didn't pay nail. Really high on this guy not say the altitude was pretty high now only like Emmanuel Sanders for sure no, not not not Broncos. I was thinking I was thinking that I was wrong about the I think I was wrong about the elevations. Well, that changes everything. But I mean really was on there. He had such a great season for being very low. Picked you want me to tell you. It's devante atoms. Okay. That makes sense though, data bring he had a great season himself and the flex. Was Robert woods. Definitely make sense. Okay. So what's the defense? He thing defense. Based on because of where they're drafted and how well they did the bears. The bears were usually the average fifteenth round pick. When was cool Mak traded. He was traded right after a lot of fantasy draft. So that's the thing. Right. Like a lot of people had had the bears. Not even maybe they had them picked or maybe they were on the way where and then Kulemeka treated. It depends on when you're when you're fantasy was because I think everyone has a different schedule. So it was around that it was around the fantasy drafting time though for sure..
"tsmc" Discussed on AppleInsider Podcast
"And then what will happen is that we have two bodies. We have a house in the Senate. And so we get to versions and then have to be reconciled. They both have to get voted to pass. And then they have to get reconciled any both each get their own amendments that people tack on. So there's there's a lot of gory work at that kind of thing. Right. And just bills launching without any co-sponsors, which already kind of signals that it may not be popular. Because what happens is that people love legislators love to tack their name onto stuff. So that they can send letters home constituents or ethnic campaign adverts that say, you know, when in congress, I championed this I did this thing, and they don't have to do anything to cosponsor other than tack their name on and try and get. Of their fellow congressmen to vote for it. All right. Doesn't sound strenuous except he's saying that here. So if yeah, maybe not going far. Okay. But I think once it good ideas out there in the wild. It'll come back. What I'll we've seen all the bad ideas. Come back. We can hope for this one too. No every time every time some terrible event happens. We get people pushing for we need apple to give us everything inside the iphone. So that we can crack open the criminals iphone we want to see what the battles were doing on their iphone and cook patiently explains why that's a bad idea. Once you break security for one person, you're breaking it for every iphone user. And that's not a great thing. Once the once one country wants that they all do that's not a great thing. Say we're just to to sense that could be a program on FOX couldn't Tim cook toke sense autism to that. I don't know if it will run on FOX, but I chose I. Yeah. So what all this purposes while Tim cook is is a lot though. I Tim cook has been very strong tobacco about things that he's visibly passionate about. But he's also running this like computer company thing is doing anything else other than legislation proposals. Well, yes. But besides what Apple's doing their knock on a fact, for example TSMC who is an apple chip partner in the past. They've made processors for apple they are slashing their revenue guidance. Can you imagine why why would they be warning of financial situation? Could it be apple could is it possible limbs, I suppose, right? Although I wouldn't imagine a company I never name. I don't know anything about him I presume they have lots of customers and this'll to reset the problem in China affecting apple and Samsung the rest is up. This story's I would just overspent to the company now. Well, first of all that company pick. It was a doozy. Wow. Okay. I mean my goodness. But but basically it comes on Apple's guidance and and the rest of the global smart-t smartphone. Marked slowdown. Right. So I'm sorry. Did you say how does it? Well, so their their predictions are down fourteen percent year on year fourteen the trunch now that is the largest decline for the company since two thousand nine back in two thousand nine revenue dropped fifty four percent..