David Zinsner’s Post

Looking forward to partnering with you and the Intel team in this next phase of growth.

With Intel adding 55% of the Fab capacity in the U.S. and with yields being 60% of TSMC's 3nm and with factory utilization at 45% surely they have to be lining up a licensing agreement with Taiwan. It's clear they are trying to spin off the foundry operations. - It has it's own P and L. The losses of $7B will double by 2026 if they don't acquire better process technology. The depreciation expense will double and even changing the depreciation schedule from 4. years to 8 won't save the old TMG group. The chances they'll startup Fabs in Germany, Ohio, and Israel are very low. The chances they'll tool up Fab 62 in AZ are diminishing. The local government expenditures on infrastructure will be wasted and the goodwill for the company and livelihoods in those regions will suffer, absent a licensing deal with TSMC. A buyout of the Foundry Operations by TSMC makes the most sense, but would never pass SEC approval as it would give TSMC Oligopoly and extreme pricing power. It's currently the only game in town for highest density logic chips and TSMC gross margins and revenue will like increase 40 to 60% this year alone. It's simple economics!

Stop with the PR already and just deliver one product that meets its performance specs within 6 months of it's promised date. In CRB's terms don't hand us a polished turd and tell us it's a rare flawless gem.... When you can deliver a product that's faster better and cheaper you'll regain your customer base which is leaving in droves. Fix the culture and the rest will follow.

Here's a fix - adopt the letter and the spirit of the Gordon Moore Foundations Open Door policy and procedure https://www.linkedin.com/pulse/intels-downfall-blunt-reality-hr-accountability-call-jeff-morrison-aputc/

How can Intel reasonably not expect further market share declines when Nvidia has 90 to 95% market share. They won't be coupling Xeon6 CPU with their GPU? Broadcom will continue to be the network chip, but as far as CPU's for AI servers they use the superior Grace CPU. Investor's should expect Intel to show a loss in Q4 2024 and beyond. Expect to see the stock trading below $24/share by years end. We continue to advise investors to deploy capital to Nvidia from Intel. Intel will experience accelerating issues with employee retention. AMD and Nvidia employees have experienced 40x and 120x appreciation in their RSU's in the last decade vs Intel employees losing 35% this year alone. The complete software stack contained in CUDA enables very rapid deployment of AI applications further widening it's moat in AI. Expect Nvidia to work to figure out how to monetize its software IP. As models explode in complexity, accelerated computing and energy efficiency are becoming critical to meet the demands of AI. Grace™ CPU is a groundbreaking Arm® CPU with uncompromising performance and efficiency. It can be tightly coupled with a GPU to supercharge accelerated computing or deployed as a powerful, efficient standalone CPU.

Awesome example of #financialinnovation. Striking a balance between asset heavy and asset light model!

Fantastic update!

Great news!

Congratulations David Zinsner ! Creating financial flexibility is key for the tremendous opportunity Intel has in front of it. Well done!