No Priors: Artificial Intelligence | Technology | Startups
No Priors: Artificial Intelligence | Technology | Startups
Conviction
Re-engineering the Semiconductor Supply Chain with Intel CEO Lip-Bu Tan
44 minutes Posted Jun 18, 2026 at 10:00 am.
– Cold Open
– Lip-Bu Tan Introduction
– Why Lip-Bu Took the Reins at Intel
– Fixing Culture
– Intel’s 10-Year Vision
– Working with Elon Musk on Terafab
– Shifting Supply Chain for Semiconductors
– Limits to Scaling and Packaging
– Physical Limits to Engineering and Design
– Challenges in Semiconductor Investing
– Lessons from Cadence
– Scaling and Investment Decisions
– Rethinking Teams in AI Era
– Industrial Policy and Funding
– What Investors Misunderstand About Intel
– Where Compute Will Live
– Conclusion
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44:59
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Show notes
At 66 years old, instead of heading towards retirement, former Cadence CEO and legendary investor Lip-Bu Tan decided to take on the hardest job in tech: turning Intel around. Elad Gil and Sarah Guo sit down with Intel CEO Lip-Bu Tan to talk about why he took the job and what “saving” Intel actually looks like. Tan explains how his experience in startup culture informed his decisions to drive Intel’s culture towards faster decisions, focus on customer satisfaction, and engineer accountability. He also discusses his strategy to strengthen Intel’s balance sheet by welcoming investments from Jensen Huang’s Nvidia, Softbank, and the US government. Tan also shares his product roadmap that centers the CPU for agentic AI and inference, the collaboration with Elon Musk on Terafab, his investing framework for semiconductors, and his views on how AI is reshaping design and operations at, as he puts it, a ‘legacy spreadsheet’ tech company.        
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