00:00:00
statements in this presentation that
00:00:02
refer to future plans or expectations
00:00:05
are forward-looking statements these
00:00:07
statements are based on current
00:00:09
expectations and involve many risks and
00:00:12
uncertainties that could cause actual
00:00:14
results to differ materially from those
00:00:16
expressed or implied in such statements
00:00:19
for more information on the factors that
00:00:21
could cause actual results to differ
00:00:23
materially see our most recent earnings
00:00:26
release and SEC filings at www.
00:00:30
inc.com
00:00:34
so here's the thing all the greatness in
00:00:38
the world every feat every breakthrough
00:00:41
every gamechanging Paradigm shifting
00:00:43
accomplishment you admire out there
00:00:45
didn't come from out there see greatness
00:00:49
true greatness your greatness it can be
00:00:52
easy to lose sight of but it's here
00:00:55
inside inside all of us inside you and
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greatness that can always grow greater
00:01:03
all it needs is
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ignition so let's hit that switch push
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the throttle kick that door wide open
00:01:11
after all we know a thing or two about
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what's inside how to amplify it how to
00:01:16
multiply it accelerate it so you're not
00:01:18
just leaning into the future you're
00:01:20
launching into it with more Ingenuity
00:01:23
inside more creativity inside more
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security innovation intelligence because
00:01:29
that greatness inside inside you that is
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your
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superpower helping you unleash it that's
00:01:37
[Music]
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[Applause]
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[Music]
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ours please welcome to the stage chief
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executive officer LIF food
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tan well good afternoon thank you so
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much for coming to uh vision
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20125 and uh one would thanks all the
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sponsor that we have and also we have a
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great line of uh Workshop speakers and
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will hopefully you will get something
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out of it uh during the
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well first of all I want to really uh
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grateful that for your present and also
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your support I'm excited to lead Intel
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at this defining moment uh in our
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history uh it has been my 14 days very
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short time since I joined the company
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and thank you for your support and uh
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this is not a long time but long enough
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for me to have some clear uh
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observations and plan to go
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forward and this is a perfect place to
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share them with all of
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you my number one priority since my
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first day on the job has been spending
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time with
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customers I have trusted relationships
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and friendship with many of the customer
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over the
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decades because of our
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relationship and my humility they give
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me very honor
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feedback uh it is very clear from the
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early
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conversation we have a lot of hard work
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ahead there are areas we have fallen
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short of your
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expectation I will pull together strong
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teams to correct the past
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mistakes and starting to earn your
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trust my motto is very simple under
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promise and over
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deliver that have been my
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trademark uh I will not be satisfied
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until we Delight all of
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you I have been spending time also with
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our technical teams many of The
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Architects Engineers I personally reach
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out under my leadership Intel will be a
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engineering Focus company one of my top
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priorities is to retain
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and recruit top talents engineering and
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that's Empower Innovation and grow I
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believe Intel has lost some of these
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talents over the
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years I want to create a culture of
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innovation
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empowerment our ambition is ultimately
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create the best products and become the
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best Foundry over the years and it would
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require us to unleash the power of our
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Engineers before I talk some of the way
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I think we can do that let me share a
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little bit of my
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background I was born in Malaysia Johor
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and moved to Singapore and grown up in
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Singapore I did my undergrad studies in
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physics actually quantum physics at
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nyang technology University and I serve
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a few years a trustee and I also
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advising the school then I moved to
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us and I received my graduate degree in
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nuclear engineering at MIT nuclear
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engineering and so it's interesting
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background and my education gave me a
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deep understanding of how to solve hard
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technical problems through engineering
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design after three my Island accident H
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happened I decide not to finish my pH
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PhD even though I finished all my
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courses instead I moved to San
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Francisco my mom was very worried about
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me uh ask my brothers and sister they
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are all professor in University how I
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drop out the school and uh but at least
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my my brother came by and visit and
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replied to my mom he's
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okay and I fall in love with Silicon
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Valley Silicon
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Valley I founded Warden International
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group of venture funds when I started
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only managed $3
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million and uh only a few family friend
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invest with me and over the years I
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built a 5 billion under
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management it's a name inspired by a
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thinker a poet and a philosophy at
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admire Henry David too how many of them
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you read the book and uh his amazing
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book one of my favorite quotes he has is
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rather than love than money and
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fame give me the
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truth that really speaks to me all my
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life because I always want to have my
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customer my team my partner my wife to
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give me the truth likewise they also
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expect me to give it truth then we can
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together fix problem and move forward as
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a
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team I also admire him because he's a
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contran and if you visit his
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cabin how he built is a is a beautiful
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handcraft and I was uh stay there for
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almost half an hour to look at every
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corner how he built to the detail and
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that is the craft ship a lot of our
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business is about building
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craftsmanship it's more science actually
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more Art and Science you need to have
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that style as a venture capitalist I
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always work to find a hidden opportunity
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where other were not
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looking when semiconductor were not
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popular 20 years ago I double down I
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still remember I visit two tier one
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venture capital from that I respect and
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admire when I set that meeting they all
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come in the conference room after I talk
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about
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semiconductor half of the team just left
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and the other half is sympathetic try to
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listen to me and then to the end there's
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only two guy left in the room they asked
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me in a whisper do you have software
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service or AI startup that we can talk
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about so it's not very popular I took a
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contrar and long-term view that you know
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even my investor asking me are you crazy
00:09:06
and all the tier one Venture firm
00:09:08
already thought that it's a sunset
00:09:09
industry even some of the professor in
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the University they thought it's a
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sunset industry I decide to Double Down
00:09:17
being a contran and it really pay off
00:09:20
and include I invest a lot in the
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semiconductor and then some of them like
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the high speeed connectivity like cradle
00:09:28
like Terra lab and then now in the
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photonics in cesia Ai and some of the
00:09:34
cooling technology that badly needed and
00:09:37
then some of this processor is a lot of
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high power and how do you bring the
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power down with microfuidic Cooling and
00:09:45
that's something is really exciting to
00:09:47
me and some of the infrastructure you
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have to move to photonics uh and I call
00:09:52
it the photonic fibric platform and some
00:09:56
new material seos getting to a level
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that I think you need some new material
00:10:01
now Gan nitrite silicon carbide and
00:10:04
Indian fosite to next generation of
00:10:10
application overall I make 251
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semiconductor related investment of this
00:10:17
we have 43 IPOs and 25 successful
00:10:22
m& then I expand towards a Content
00:10:25
creation like some of you may familiar
00:10:27
called type phas I I was earlier
00:10:29
investor in that company and then search
00:10:33
and uh I used to use a lot of Google
00:10:35
Search now I changed to perplexity
00:10:38
search and it's a very interesting
00:10:40
different way of conversation search
00:10:43
that I like and then software in know
00:10:46
cloud service and also AI safety related
00:10:49
area so I invest quite a bit of this
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company and uh together thought AI
00:10:54
virtual Ai and many of this genetic area
00:10:58
of AI
00:11:00
most recently I've have been focused on
00:11:02
generative and agentic AI as well as
00:11:06
application in life sciences and medical
00:11:10
Innovation and a good friend of mine he
00:11:12
built this using the brain wave to help
00:11:15
Parkinson patient to how to using
00:11:18
semiconductor to drive 82% accuracy of
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the conversations and some of the
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medical Innovation is amazing and uh my
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experience and VC prepare me well for 12
00:11:31
years as a CEO of Caden design when they
00:11:34
asked me to step in as a CEO to turn
00:11:37
around the company and first of all what
00:11:40
I did is I changeed the culture of one
00:11:42
team change the culture of innovation
00:11:46
and Delight our customer a deeply
00:11:48
partnership with the customer to find a
00:11:52
solution in the addition to Growing our
00:11:54
core Eda uh business I also decided IP
00:11:58
is very important through multiple
00:12:01
acquisition and I basically put the cash
00:12:04
we have I bought Denali some of you may
00:12:06
be familiar and I bought tensilica and I
00:12:10
bought new semi for highspeed 30 and
00:12:14
that's critical and so that will help
00:12:16
accelerate our a design process and it
00:12:19
grow to more than 10% Revenue I always
00:12:22
like to see where is the the other 10%
00:12:25
growth that we can see by new innovation
00:12:28
and new area that we can move in then we
00:12:31
move also aggressively into system
00:12:34
design enablement uh that is the and our
00:12:37
system modeling system analysis that
00:12:41
expanding our addressable market and
00:12:43
create a new Revenue
00:12:46
stream and all this transformed the
00:12:48
company from low single digigit growth
00:12:52
to double digit growth uh when from
00:12:55
having no new organic development
00:12:57
culture in the road map
00:12:59
to have every year 12 to 14 new product
00:13:03
organically developed rather than buying
00:13:05
from
00:13:06
outside and we we grow our addressable
00:13:10
Market three time and delivering
00:13:14
3,200 per in shareholder return and
00:13:18
that's reach out to almost 7 75 billion
00:13:22
market cap most important we become the
00:13:25
trusted partner to customer that we they
00:13:29
knew they could count on
00:13:32
us overall this experience taught me a
00:13:35
lot my time in at Warden train me to how
00:13:39
to build company from startup with small
00:13:42
team and focus and address what company
00:13:45
need and my time at Cadence CEO help me
00:13:49
to understand design
00:13:51
methodology uh Foundry ecosystem and
00:13:54
what it takes to Delight
00:13:57
customers I also spent two years at the
00:14:00
Intel board and I learned a lot from our
00:14:04
Engineers about our problem the
00:14:06
challenges we face and how to fix
00:14:09
them all this have prear me prepared me
00:14:13
well on taking on this very challenging
00:14:16
task to build the new
00:14:20
Intel this is a iconic and essential
00:14:23
company that is important to the
00:14:26
industry and also to the United States
00:14:29
I care deeply about Intel success and
00:14:33
have many mentors from Intel over the
00:14:37
years who inspire me some of you may
00:14:40
remember Albert U some of you may
00:14:42
remember Shan
00:14:44
Maloney and some of them you may know
00:14:46
Daddy Puda they are very close friend of
00:14:49
mine I learned a lot about semiconductor
00:14:52
industry from all these mentors of mine
00:14:56
some of the people asking me Deo
00:14:59
why take on this job now at this stage
00:15:02
in your
00:15:04
career the answer is very simple I love
00:15:08
this
00:15:10
company it was very hard for me to watch
00:15:13
it
00:15:14
struggle I simply cannot stay on the
00:15:17
sideline knowing that I could help turn
00:15:20
things
00:15:22
around I also fully
00:15:25
recognize it won't be easy uh you have
00:15:28
been a tough period for quite a long
00:15:31
time for
00:15:32
Intel we fell behind on
00:15:35
Innovation as a result we have been too
00:15:39
slow to adapt and to meet your needs you
00:15:43
deserve better and we need to improve
00:15:46
and we
00:15:49
will please be brutally honest with us
00:15:52
this is what I expect you this week and
00:15:55
I believe uh harsh feedback is most
00:16:00
valuable I learn a lot by give from
00:16:03
customer and when you give me honors
00:16:05
feedback then I need to know what to do
00:16:08
I learned the lesson firsthand at Kaden
00:16:11
design when I took over during my
00:16:14
initial one major customer review I
00:16:18
asked them to create my
00:16:20
products and the executive said out Lio
00:16:23
none of the vendor will even dare to ask
00:16:26
this question and I said well I I got to
00:16:29
know how bad my product is so just for
00:16:33
information we got a lot of d a lot of e
00:16:36
and many
00:16:38
F and that's
00:16:40
humiliating and I learned a lot and
00:16:43
because in my career in the academic and
00:16:45
never get anything below B is
00:16:48
humiliating but it's really ignite me to
00:16:52
change and that's a turning point for
00:16:54
the
00:16:56
company we will reinvent how we engage
00:16:59
with the customer and it began today and
00:17:02
really looking forward to build a trust
00:17:04
with you I have competitor at the past
00:17:08
tell me Lio customer treat us as their
00:17:12
vendor but they treat you as a true
00:17:15
partner and at Intel I would love to
00:17:19
expect you to do the same to me I won't
00:17:21
be rest until I see the same
00:17:25
way it start with the culture we have to
00:17:29
Foster inside the company the culture
00:17:32
change and the most important and
00:17:35
valuable lesson I learned in the college
00:17:38
beside the class classroom and research
00:17:40
Labs it was a basketball court I used to
00:17:44
play uh power forward in Singapore for
00:17:48
my college and uh I learned a lot teams
00:17:52
win championship even though sometime I
00:17:54
scor 38 point and uh not individuals is
00:17:59
really finally we win the championship
00:18:01
and I found my teammates that can shoot
00:18:05
three-pointers and that help me to kind
00:18:07
of inside outside and we win and we work
00:18:10
hard every day after school and we fight
00:18:13
to win every game and learn from our
00:18:16
mistakes and always ask how can we make
00:18:19
the differ and we review it the video
00:18:22
and how to improve that that's why some
00:18:24
of you know that I'm a big Warrior fan
00:18:27
and I love the game and I really enjoy
00:18:30
the teamwork how they pass the ball
00:18:32
without even looking at looking at it
00:18:34
and you know your me uh teammate is the
00:18:37
other side to receive and this is the
00:18:40
kind of team I would like to build at
00:18:45
Intel most important we need to strike
00:18:47
every day to
00:18:49
extend our your your dream fully
00:18:52
dedicate to your success to make that
00:18:55
happen we're going to refocus the
00:18:57
company on essential
00:18:59
ingredient of
00:19:01
innovation and clearly I need to focus
00:19:04
on strengthen my balance sheets and I
00:19:07
need to really Drive
00:19:09
efficiency and I need to really regroup
00:19:12
the talent we have and attract some of
00:19:15
the new Talent with the Clear Vision of
00:19:17
what we're going to
00:19:20
do Innovation start with
00:19:24
incubation and we are big company
00:19:27
sometime prevent new ideas
00:19:29
from having room to develop and
00:19:32
grow and I like to really practice the
00:19:35
startup day one culture and going to
00:19:38
work as a day one startup and a big
00:19:42
startup and then we're going to really
00:19:44
Drive some new ideas giving Engineers
00:19:47
freedom to innovate from within my
00:19:50
weekend usually pack with a lot of uh
00:19:54
engineers and Architects and they had
00:19:56
some brilliant idea they want to change
00:19:58
the world and that's where I get excited
00:20:01
to work closely with
00:20:03
them I will also put resources behind
00:20:06
people and
00:20:08
ideas where we can see the opportunity
00:20:10
to innovate and we can free some of this
00:20:14
uh uh you know the infrastructure to
00:20:17
really Drive Innovation and Empower them
00:20:21
most importantly we will simplify the
00:20:23
way we work bureaucracy kill innovation
00:20:27
in my career
00:20:29
I see how small focused team and move
00:20:33
very fast and innovate and take on
00:20:36
incumbents and we're going to practice
00:20:38
that in inail we may not be perfect in
00:20:41
the beginning but eventually you can
00:20:43
count on it I will make it
00:20:46
perfect this will unleash the potential
00:20:49
I know exist across my team it will also
00:20:53
help us attract new Talent from
00:20:57
outside and they they can join us and
00:20:59
enter this most exciting period of
00:21:02
creating uh Innovation and creating the
00:21:05
new Intel uh some of you know my email
00:21:08
address if you are interested call me I
00:21:11
will spend time with you we are
00:21:14
operating in the very Dynamic fast
00:21:17
moving uh industry technology adoptions
00:21:21
and disruption are accelerating faster
00:21:24
than ever this is being driven by the
00:21:27
one transformation
00:21:29
Force called ai ai is not new but you
00:21:33
know with all the data massive data
00:21:35
available you can really Drive some of
00:21:37
the new way of learning new way of
00:21:40
interpreting and new way to even pram
00:21:44
forecast the future and this is uh
00:21:47
really reshaping many of the companies I
00:21:49
involved and shaping our daily life can
00:21:53
you imagine the agent help you to decide
00:21:56
and move some of the mundane uh process
00:21:59
I love agents and some of them are using
00:22:02
it for the starter AI is driving a total
00:22:06
architectural change to the Computing
00:22:09
especially in the cloud computing no
00:22:12
code low code you know the software 2.0
00:22:14
later on I'll will talk about this is
00:22:16
driving the hypers skill Innovation
00:22:19
massive computational power and new data
00:22:23
capacity this will accelerate us to move
00:22:26
forward and some of the infr structure
00:22:28
as I mentioned earlier mov into the
00:22:30
fonics area and also I have invest in
00:22:34
three Quantum Computing company and this
00:22:36
is coming I keep a very close eye it
00:22:38
will coming sooner than we all thought
00:22:41
AI is also
00:22:43
revolutionized how we discover create
00:22:46
and interact with contents to gener Ai
00:22:49
and intelligent
00:22:51
agents and then some of my friend they
00:22:53
are really working on to become the
00:22:55
control center of the all the AIS and
00:22:58
some of them talking to me Li we would
00:23:01
love to have Intel computer platform
00:23:04
that we can base on and build all this
00:23:06
CER apps and agents and I love it I said
00:23:09
when can I come to your house to talk
00:23:11
about that AI is also expanding into
00:23:14
physical world you may heard of uh
00:23:17
humanoid uh robotics uh I'm very big fan
00:23:21
of that this is the new frontier it will
00:23:24
redefine Industrials from Auto to
00:23:27
manufactur ing it will create the new
00:23:30
era of Robotics and intelligent system
00:23:33
embedded everywhere around us I have a
00:23:37
lot of experience in this few area stay
00:23:39
tuned uh from the Intel perspective that
00:23:42
will create great opportunity for us
00:23:44
going
00:23:45
forward at Intel we will re redefine
00:23:49
some of our strategy and then free up
00:23:52
the bandwidth and uh some of the
00:23:54
non-core business we will spin it off
00:23:57
but really focus on on our Core Business
00:23:59
and how to expand that using Ai and
00:24:02
software 2.0 it would require a
00:24:05
foundation found Dimension uh shift how
00:24:08
we approach product design in the past
00:24:12
Intel approach has been inside out we
00:24:15
design Hardware then you figure out
00:24:17
developing the software to make it work
00:24:19
the world have changed uh you had to
00:24:22
flip that
00:24:23
around going forward we will start with
00:24:26
the problem what you're trying to solve
00:24:28
and the workloads you need to handle are
00:24:31
enable then we work backward from that
00:24:34
that require embrace the software 2.0 uh
00:24:38
mentality which mean that having
00:24:40
software first designed the mindset I
00:24:43
invest quite a few uh the software Point
00:24:46
2.0 uh startup and some will be really
00:24:49
exciting is a
00:24:51
gamechanging we will use AI driven
00:24:54
system design to accelerate the
00:24:56
development of new compute architecture
00:24:59
platform I know from my time uh Lear
00:25:02
running cadence that we adopt the AI and
00:25:06
drive uh significant performance and
00:25:09
power efficiency and more than double
00:25:13
digit and you can see a game change and
00:25:16
how to help customer to be more
00:25:18
productive in their design and it would
00:25:21
also help us to enable new compute
00:25:24
intensive models and application and
00:25:28
agent that we're going to be enjoy in
00:25:29
the years to
00:25:31
come all of this will fundamentally
00:25:34
reshape our approach to the hardware the
00:25:37
world is moving forward to power purpose
00:25:40
buil silicon that design and optimize
00:25:44
for specific workload that you try to
00:25:46
address and you open the door for the
00:25:49
new 86
00:25:51
Solutions I also believe we can play an
00:25:53
important role in developing custom
00:25:56
silicon that tailor for specific
00:25:59
application that you need to enable uh
00:26:03
last weekend I spent quite a bit time
00:26:05
with three major data and AI platform
00:26:09
they love to work with us in term of
00:26:11
Define the next 86 solution and I was
00:26:15
fascinating and very exciting of the
00:26:18
opportunity we have already started Deep
00:26:20
dive with my engineering team to
00:26:22
Kickstart this transformation will begin
00:26:26
reimagine our portfolio at the same time
00:26:30
I am equally focused on our immediate
00:26:32
priority both products and Foundry let
00:26:35
me talk about that let's start with
00:26:38
products I'm a big believer the best
00:26:41
product always win and uh team begin to
00:26:44
refocus here last year and Will Remain
00:26:47
the top priority for us going
00:26:50
forward there's a few area that's non
00:26:53
negotiating for for me first we had
00:26:56
devel develop delivered the Great
00:26:58
performance that is essential to enable
00:27:01
your workload of the future we have to
00:27:04
anticipate the future we must deliver
00:27:07
great efficiency uh to essential to
00:27:10
enable AI in the increasing power
00:27:13
constraint world the power today we have
00:27:17
no way to even meet the AI croud
00:27:20
infrastructure we try to build and
00:27:22
that's something that I pay a lot of
00:27:23
attention that's the main reason I
00:27:25
rejoin MIT uh at Advisory Board because
00:27:29
of my Nuclear engineering they said Lio
00:27:31
the future is Fusion uh and nuclear and
00:27:35
Lio please come back and help us so I'm
00:27:37
delighted to be part of that uh
00:27:39
brainstorming future and we must deliver
00:27:43
great quality on time delivery without
00:27:47
exception and we have to have a culture
00:27:50
of firsttime pass and we're not there
00:27:52
and uh I will Implement that so stay
00:27:55
tuned and there something that is no
00:27:57
negotiating for me because it's
00:27:59
essential part of earning customer
00:28:03
trust those are the not Stars it will
00:28:06
take time but we start from today since
00:28:09
I S the data is done Michelle and the
00:28:11
team will give you deep dive tomorrow
00:28:14
morning and today I will just highlight
00:28:17
a few specific priority that I
00:28:19
see in client Compu we will drive strong
00:28:24
Innovation that's a long have been the
00:28:27
area of strength but competition have
00:28:29
increased they change the workload and
00:28:32
we need to cannot be stand still we have
00:28:34
to move forward to meet those
00:28:37
requirement it will continue strengthen
00:28:39
our product and root map and then we
00:28:41
were also looking forward to shipping
00:28:44
Penta Lake on
00:28:45
18a later this
00:28:48
year we also remain focused on building
00:28:52
the industry broadest ecosystem of isv
00:28:57
and application AI application we will
00:29:00
leverage our cap capabilities in client
00:29:04
to help enable the AI Edge that's the
00:29:06
next
00:29:09
Frontier in data center we need to
00:29:12
strengthen our offering we lost quite a
00:29:14
bit of talents that's my top priority to
00:29:17
recruit some of the best talent in the
00:29:19
industry to come back and then to rejoin
00:29:22
or join
00:29:24
Intel you have told me we need greater
00:29:27
performance and efficiency and also
00:29:30
lower your total cost of ownership
00:29:33
especially you scale your AI investment
00:29:36
our latest Zeon portfolio is step
00:29:41
forward to enhance our competitiveness
00:29:44
we will work to drive contined
00:29:46
Improvement as CPU uh will play a
00:29:50
increasing important role in AI
00:29:53
inferencing with low power efficient
00:29:56
power
00:29:58
in the broader AI data area I'm not
00:30:01
happy with our current
00:30:03
position I know that you are not happy
00:30:06
either uh you have I have heard uh the
00:30:09
feedback loud and clear is a time to
00:30:12
turn the new page we are going to learn
00:30:17
to write the lesson from the past
00:30:19
mistakes and working towards a
00:30:21
competitive system that we can provide
00:30:23
you it won't happen overnight but I I
00:30:27
know we can get there and as we
00:30:30
strengthen our Intel products are
00:30:32
equally committed to build the Great
00:30:37
Foundry Global demand for chip
00:30:40
production is growing and you need
00:30:43
Supply chains that are flexible
00:30:46
resilient and
00:30:47
secure Intel Foundry play a crucial role
00:30:51
we will continue to advance our Foundry
00:30:54
strategy to meet our needs I have a we
00:30:58
ly update uh for my team leaders and
00:31:01
then I go down to the weat on the
00:31:03
engineering side how can we improve the
00:31:05
process technology and then uh I will
00:31:08
keep you posted and uh you had to
00:31:11
satisfy my requirement I have a very
00:31:13
high bar uh I'm working directly with my
00:31:16
team and then understanding where we are
00:31:19
and then Define the clear path going
00:31:21
forward include clearly to B uh
00:31:24
strengthen my balance sheet to drive
00:31:26
more efficiency put the right people in
00:31:28
the right place and to scale the
00:31:32
business Foundry is a service business
00:31:37
and that is built on the foundational
00:31:39
principle of trust that is very
00:31:42
important and also realize that every
00:31:45
Foundry customer have their own unique
00:31:48
design methodology and style of design
00:31:52
and that part I learned a lot from my
00:31:54
Cadence day and this is something that
00:31:56
we need to learn and how to adopt each
00:32:00
different customer they all have their
00:32:02
preference IP vendors and their
00:32:05
preference Eda uh partners and then to
00:32:09
optimize the performance quality and
00:32:11
yield we're not going to change that uh
00:32:13
we're going to listen to the customer
00:32:15
and then focus on which pattern
00:32:18
recognition which Eda player which IP
00:32:21
they use and we optimize and drve the
00:32:24
performance the yield that they need
00:32:27
this is uh ecosystem I know extremely
00:32:29
well and I'm leaning in to help Advance
00:32:32
our
00:32:33
goals we continue to advancing our 18a
00:32:38
as well our future note 14a 18a is set
00:32:42
to win high volume production in the
00:32:45
second half this year with pental lake
00:32:47
that is our own requirement we need to
00:32:49
have that and I laser focus wickly
00:32:52
review that and also approaching our new
00:32:56
uh first EX external tape out uh we're
00:32:59
going to be planning to do that it will
00:33:01
keep continue the improvement with yield
00:33:04
quality and customer service to move our
00:33:07
Foundry business forward it will take
00:33:10
some time you know I'm very patient I
00:33:12
always like to build business for the
00:33:15
long term to build a successful model
00:33:17
and very important for me you need two
00:33:19
or three very important customer they're
00:33:22
going to help us to drive the
00:33:24
performance and yield and I have no
00:33:26
thisp customer very well and then I will
00:33:29
depend on them to help us and then to
00:33:32
really improve over
00:33:35
time we are the only American company
00:33:38
that design and Manufacturing Advanced
00:33:41
chips that mean that we have a essential
00:33:44
role uh we are called to play The
00:33:46
Foundry ecosystem especially in us I
00:33:50
have been very pleased to see Trump
00:33:52
Administration focus on strengthen the
00:33:55
American Technology and Manufacturing
00:33:58
leadership and I'm looking forward they
00:34:01
asking me what can we help and
00:34:03
definitely I will come to get their help
00:34:05
to do you know what we need to do I'm
00:34:08
looking forward to work closely with
00:34:09
them to advance this share
00:34:13
goals Let's uh I will talk more about
00:34:16
the Intel Foundry at our Direct Connect
00:34:19
event at the end of April hope many of
00:34:22
you will join us
00:34:24
then and whether The Foundry of the
00:34:26
product are prior priority is the
00:34:29
same we are here to serve you and earn
00:34:32
your trust I won't be happy and
00:34:35
satisfied until we consistently
00:34:37
delivering our promise on time on
00:34:40
quality to exceed your expectation and
00:34:43
we have to earn it and we know that uh
00:34:45
we're deeply committed to the journey
00:34:48
and I personally are committed uh to
00:34:50
this journey it you know people asking
00:34:53
me when I was at Kaden how long you'll
00:34:55
be there and I told them I will be there
00:34:58
as long as the company need even though
00:35:01
the board asking me just do three months
00:35:03
I stay on 15 years uh to make sure that
00:35:06
we really deliver and Delight customer
00:35:09
and people asking me why on Earth you
00:35:11
take on this challenging job and uh I
00:35:15
commit the long term as again the answer
00:35:17
people ask me how long you could B
00:35:19
intail I'll be here as long as the
00:35:21
company need so we I'm deeply committed
00:35:24
to this journey under my leadership
00:35:28
we will return Our Roots into a
00:35:31
engineering first company and follow the
00:35:34
full step that I learned so much from
00:35:37
Albert U and D Puda it will start acting
00:35:41
like a startup day one again will listen
00:35:44
closely and act on your input most
00:35:49
importantly uh we will create a products
00:35:52
and then solve the problem and drive
00:35:54
your
00:35:56
success and with hum humity and know I
00:35:59
urge you to help me and I can't do it
00:36:01
alone I need your help as a customer
00:36:04
give me honest feedback and um many
00:36:07
people know I I don't have a high ego to
00:36:11
just meeting with another CEO I go down
00:36:13
to the six seven layer down Engineers to
00:36:16
get your feedback so stay tuned uh you
00:36:18
will see me a lot and that's the moment
00:36:21
uh you demand from us and what we
00:36:24
deserve from us and with that I just
00:36:26
want to wish L of you have a wonderful
00:36:30
uh you know Intel Vision there's a lot
00:36:32
of track you can go to there's a lot of
00:36:34
networking social event and uh you know
00:36:38
just building the networking is
00:36:40
fantastic and then uh all the best I
00:36:43
wish you all enjoy that thank you so
00:36:45
[Applause]
00:36:56
much for
![A moreninha - Joaquim Manuel de Macedo [AUDIOLIVRO]](https://ruhnrawpgxrzdrgaohnf.supabase.co/storage/v1/object/public/images/video/hYBx6hXxoS4/thumbnail.jpg)
