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$INTC Lip-Bu Tan admits Intel can fill only half its CPU orders and apologizes when CEOs call him "Yeah, I think inferencing is very important. When you want to drive some of this reinforced learning, and also in terms of agentic AI, CPU is the best." "GPU is very...

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Fireside Alpha

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75,163 views • 7 days ago •via X (Twitter)

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6 Comments

John Glassman's profile picture
John Glassman6 days ago

Welp, guess they should have kept building those fabs like Pat had wanted.

Ben's profile picture
Ben6 days ago

In 3-5 years, Intel will be the biggest tech company comeback story of all time.

Signal&Noise's profile picture
Signal&Noise6 days ago

Hey @grok , when was this interview given?

Weiwei's profile picture
Weiwei6 days ago

Then LBT shouldn't delay new fab projects a year ago. He should admit this was a mistake.

AI Quanting's profile picture
AI Quanting6 days ago

The interesting part is who is asking. He says the requests come from founders he backed at the frontier model layer, not from the usual server buyers. CPUs for orchestration is a new demand line, and it is arriving from the software side.

M𝕏's profile picture
M𝕏6 days ago

Expand the fucking factory

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Jensen Huang just identified the next $200 billion market (Save this). The shift starts with a observation about agentic AI that changes everything about infrastructure. In the era of training and inference, the GPU was everything while CPU was a traffic cop, scheduling work, managing memory, dispatching tasks while the GPU did the heavy lifting. Agentic AI breaks that model entirely. An AI agent does not just run a single inference pass but rather it plans, calls tools, executes code in sandboxes, retrieves data from multiple sources and loops through complex multi-step reasoning sequences often thousands of times per second at scale. Every one of those operations runs through the CPU and the GPU sits idle waiting for the CPU to prepare the next task, supply the right context and execute the retrieval and tool calling logic fast enough to keep the accelerators fed. The CPU is now the conductor and the GPU is the orchestra and the bottleneck is the conductor falling behind. This is showing up in production AI factory utilization right now, which is exactly why Jensen built Vera from scratch rather than licensing x86. Vera achieves 40% lower peak memory latency than x86, 50% faster core to core communication, and 1.8 times the agentic sandbox performance of current x86 processors on a purpose-built architecture designed around the agentic loop. Now here is where the investment thesis gets interesting. The obvious beneficiary is Nvidia itself, and that thesis is real. Nvidia's CFO has guided for nearly $20 billion in Vera CPU revenue this fiscal year alone, a market Nvidia had zero presence in just three years ago. Intel held 60% of server CPU market share as recently as Q4 2025 and that transition is now happening at a pace Intel structurally cannot respond to. But the deeper question is, what architecture is Vera actually built on? Vera's Olympus cores are ARM compatible and every single Vera CPU deployed in every Vera Rubin rack in every data center in the world runs on ARM architecture. And ARM Holdings collects a royalty on every one of them. ARM does not make chips but rather licenses the instruction set architecture and CPU core designs that others build on top of. Every time Nvidia ships a Vera CPU, every time a hyperscaler deploys a Vera Rubin rack, every time an enterprise qualifies Vera for their AI factory, ARM earns a royalty. The secular tailwind here is almost perfectly constructed for ARM's business model. Amazon's Graviton, Microsoft's Cobalt, Google's Axion, Apple's silicon stack, and Qualcomm's data center push all run on ARM. And now Nvidia's Vera, which is projected to displace Intel as the largest server CPU supplier by revenue in a single fiscal year, is ARM. ARM's royalty rate on high end server chips is estimated at roughly 1 to 2% of chip selling price. At $5,000 per Vera CPU and 4 million units projected for FY2027, that is a royalty line growing from near zero to potentially $400 million to $800 million annually from Nvidia's data center CPU business alone before counting Amazon, Microsoft, Google, Apple, and Qualcomm. The total ARM addressable royalty base across all the silicon it already licenses is compounding at a rate that the current $130 billion market cap does not fully reflect. Jensen's CPU thesis is the most underappreciated catalyst in ARM's fundamental story, and the royalty compounding has barely started. Come join Milk Road Pro and get our full ARM royalty model and our entire AI trade thesis. Link below!

Milk Road AI

11,819 views • 3 months ago

Bret is atheist adjacent and Joel is a creationist, yet the agree on this: WEINSTEIN: I've been thinking that there's something actually incorrect about the religious stories, the way we're passing them down, that has us misunderstanding the problems. And I'm very interested in fixing that puzzle if it's fixable, because I don't think we can afford to misunderstand these problems. We have to address them, because they're going to be fatal. So they come down to issues of free will, the question of evil, and the question of dominion. This is the third one on that list. And the idea that we have dominion over the earth, because of the way it's interpreted, I think is a very destructive idea. SALATIN: Couldn't agree more. When those conquistadors came in and murdered civilizations and exploited the resources in the name of God and the queen, the crusades — the fact is that a lot has been done wrong in the name of God, or any religion for that matter. And certainly not just God. Name your divinity. Plenty has gone wrong in that. And so it is a right understanding, I think, of our role as stewards, as caretakers of something ultimately that is not ours. That is kind of a starting point across religions, across all beliefs. That is where you start. You don't start with "I'm in control." You start with "I'm a seeker and a learner. Teach me what I need to do to help." That's a very different thing than saying, "I'm going to come in and do this, this, and this, and it's going to do this, this, and this for me."
2:11

Bret is atheist adjacent and Joel is a creationist, yet the agree on this: WEINSTEIN: I've been thinking that there's something actually incorrect about the religious stories, the way we're passing them down, that has us misunderstanding the problems. And I'm very interested in fixing that puzzle if it's fixable, because I don't think we can afford to misunderstand these problems. We have to address them, because they're going to be fatal. So they come down to issues of free will, the question of evil, and the question of dominion. This is the third one on that list. And the idea that we have dominion over the earth, because of the way it's interpreted, I think is a very destructive idea. SALATIN: Couldn't agree more. When those conquistadors came in and murdered civilizations and exploited the resources in the name of God and the queen, the crusades — the fact is that a lot has been done wrong in the name of God, or any religion for that matter. And certainly not just God. Name your divinity. Plenty has gone wrong in that. And so it is a right understanding, I think, of our role as stewards, as caretakers of something ultimately that is not ours. That is kind of a starting point across religions, across all beliefs. That is where you start. You don't start with "I'm in control." You start with "I'm a seeker and a learner. Teach me what I need to do to help." That's a very different thing than saying, "I'm going to come in and do this, this, and this, and it's going to do this, this, and this for me."

The DarkHorse Podcast

22,350 views • 7 days ago

** MEGA Parodius Scaling Effects Part 1 ** One of the big challenges with the Parodius Megadrive port is Stage 8's boss - The puffer-fish *Pooyan* with his full screen scaling effect. The goal is to be very close to the arcade (with extras on top ) so I thought lets tackle it head on to see how close we can get. I was also keen to jump into another scaling code rabit hole haha. Pyron pulled out all the stops and got me the source frames and reworked the BG tiles for this test - a big thankyou to him , Vector Orbitex is busy working on Stage 2 tracks so the team is working hard all round on this port. The MD has no sprite / background GFX scaling hardware , however the VDPs Vertical scroll can be updated per scanline to help vertical scaling on backgrounds, but there is a cpu cost to manage all the interupts so thats not free either. With the Horizontal scaling there is no help at all , apart from a semi-friendly packed pixel format for the cpu to work with, its not quite chunky format but better than planar format still for scaling. So its falls back to the 68k CPU to do all of the horizontal expansion which is the largest cpu cost. Basically drawing strips of either 1x, 2x, 3x or 4x wide columns at speed. So we are one week into this Boss's routine and you can see from the below video the horizontal scaling is implented ( vertical will be in the next update ) . We are scaling from 1x to 4x in the video below in 74 steps for testing . The column distributions are always a bit painfull to do - thankfully they are all worked out now. This is the third scaler I have built and the goal was with this one to make it really flexible for use in other projects also, sometimes when you optimise something to the last degree all the flexibility gets taken out of it. Currenty scaling at 12-25 FPS update here, I had some rules against some optimisations which I would use and some I wouldn't , thankfully we are a bit ahead of the Arcades animation frame rate here still and I may yet find optimisations that fit within the scope. We have vertical scaling and sprite spikes to add yet so Im hoping i can find a few more optimisations to offset things when they are implemented also. In a scale frame update we are processing close to 42000 pixels in ram before using DMA to send to VRAM . Using a 41x16 (656 tile scale buffer) - single buffered for now due to its size in VRAM. So thats nearly 21k in tiles ! I had to re-organise ram a bit to support a buffer of that size for the stage. The scaling function is written in 68k assembly , with a little C code handling the Vertical interupt code ( so the game logic can actually run & DMA updates etc ) . The DMA routines are in assembly also and customised for large chunk size ( big blocks of tiles ) which suits the scaler. I had some race conditions to sort out where the cpu was faster than DMA (sending tiles from RAM to VRAM ) and in some cases where it wasn't so it had to be balanced. We may be able to add more detail into the top and bottom of the background yet but its low priority for now until all the other bits are in !! #SGDK #SegaMegadrive #Genesis #Parodius
0:30

** MEGA Parodius Scaling Effects Part 1 ** One of the big challenges with the Parodius Megadrive port is Stage 8's boss - The puffer-fish *Pooyan* with his full screen scaling effect. The goal is to be very close to the arcade (with extras on top ) so I thought lets tackle it head on to see how close we can get. I was also keen to jump into another scaling code rabit hole haha. Pyron pulled out all the stops and got me the source frames and reworked the BG tiles for this test - a big thankyou to him , Vector Orbitex is busy working on Stage 2 tracks so the team is working hard all round on this port. The MD has no sprite / background GFX scaling hardware , however the VDPs Vertical scroll can be updated per scanline to help vertical scaling on backgrounds, but there is a cpu cost to manage all the interupts so thats not free either. With the Horizontal scaling there is no help at all , apart from a semi-friendly packed pixel format for the cpu to work with, its not quite chunky format but better than planar format still for scaling. So its falls back to the 68k CPU to do all of the horizontal expansion which is the largest cpu cost. Basically drawing strips of either 1x, 2x, 3x or 4x wide columns at speed. So we are one week into this Boss's routine and you can see from the below video the horizontal scaling is implented ( vertical will be in the next update ) . We are scaling from 1x to 4x in the video below in 74 steps for testing . The column distributions are always a bit painfull to do - thankfully they are all worked out now. This is the third scaler I have built and the goal was with this one to make it really flexible for use in other projects also, sometimes when you optimise something to the last degree all the flexibility gets taken out of it. Currenty scaling at 12-25 FPS update here, I had some rules against some optimisations which I would use and some I wouldn't , thankfully we are a bit ahead of the Arcades animation frame rate here still and I may yet find optimisations that fit within the scope. We have vertical scaling and sprite spikes to add yet so Im hoping i can find a few more optimisations to offset things when they are implemented also. In a scale frame update we are processing close to 42000 pixels in ram before using DMA to send to VRAM . Using a 41x16 (656 tile scale buffer) - single buffered for now due to its size in VRAM. So thats nearly 21k in tiles ! I had to re-organise ram a bit to support a buffer of that size for the stage. The scaling function is written in 68k assembly , with a little C code handling the Vertical interupt code ( so the game logic can actually run & DMA updates etc ) . The DMA routines are in assembly also and customised for large chunk size ( big blocks of tiles ) which suits the scaler. I had some race conditions to sort out where the cpu was faster than DMA (sending tiles from RAM to VRAM ) and in some cases where it wasn't so it had to be balanced. We may be able to add more detail into the top and bottom of the background yet but its low priority for now until all the other bits are in !! #SGDK #SegaMegadrive #Genesis #Parodius

Shannon Birt

25,545 views • 8 months ago

Zendaya says there's one attractive quality about her husband that makes her jealous and impressed Zendaya: "Something I am always impressed with Tom about, which I feel like I want to inherit more of, is he's very... Tom Holland: "Awesome? legendary? talented?" Zendaya: Yeah, so many great words...but you really stand on your big stickler for respect and kindness." "Not to say that I'm not doing that, but you just make sure that is in the front." "And then if that line is crossed, I think sometimes he's better at drawing boundaries and making things clear. And I'm a little bit more like, okay, guys, it's all right, everything's all right." "You're good at being like, no, no, this is, we're not doing this. You're good at setting the boundaries when they need to be set. Really clearly, really strong." "So I like that you have, you know what you feel is right for yourself, and you do it, and for others you're very protective in that way.
1:11

Zendaya says there's one attractive quality about her husband that makes her jealous and impressed Zendaya: "Something I am always impressed with Tom about, which I feel like I want to inherit more of, is he's very... Tom Holland: "Awesome? legendary? talented?" Zendaya: Yeah, so many great words...but you really stand on your big stickler for respect and kindness." "Not to say that I'm not doing that, but you just make sure that is in the front." "And then if that line is crossed, I think sometimes he's better at drawing boundaries and making things clear. And I'm a little bit more like, okay, guys, it's all right, everything's all right." "You're good at being like, no, no, this is, we're not doing this. You're good at setting the boundaries when they need to be set. Really clearly, really strong." "So I like that you have, you know what you feel is right for yourself, and you do it, and for others you're very protective in that way.

crest.

6,493,378 views • 1 month ago

Zendaya says there's one attractive quality about her husband that makes her jealous and impressed Zendaya: "Something I am always impressed with Tom about, which I feel like I want to inherit more of, is he's very... Tom Holland: "Awesome? legendary? talented?" Zendaya: Yeah, so many great words...but you really stand on your big stickler for respect and kindness." "Not to say that I'm not doing that, but you just make sure that is in the front." "And then if that line is crossed, I think sometimes he's better at drawing boundaries and making things clear. And I'm a little bit more like, okay, guys, it's all right, everything's all right." "You're good at being like, no, no, this is, we're not doing this. You're good at setting the boundaries when they need to be set. Really clearly, really strong." "So I like that you have, you know what you feel is right for yourself, and you do it, and for others you're very protective in that way.
1:11

Zendaya says there's one attractive quality about her husband that makes her jealous and impressed Zendaya: "Something I am always impressed with Tom about, which I feel like I want to inherit more of, is he's very... Tom Holland: "Awesome? legendary? talented?" Zendaya: Yeah, so many great words...but you really stand on your big stickler for respect and kindness." "Not to say that I'm not doing that, but you just make sure that is in the front." "And then if that line is crossed, I think sometimes he's better at drawing boundaries and making things clear. And I'm a little bit more like, okay, guys, it's all right, everything's all right." "You're good at being like, no, no, this is, we're not doing this. You're good at setting the boundaries when they need to be set. Really clearly, really strong." "So I like that you have, you know what you feel is right for yourself, and you do it, and for others you're very protective in that way.

Nico

1,520,894 views • 1 month ago

mark explained the confidence behind his big decision “that kind of thing felt so precious. i mean, even putting aside security, money, all these things.. the fact that i still had something i wanted to achieve. that felt so precious. ive always wanted to do things well, to really reach the top in everything. as someone who wakes up every day with this drive to live at my best, i began to wonder, “what does ‘the best’ actually mean? and whats my ultimate dream? what is the greatest thing i can leave behind in this life, in this world?” so everything started connecting. and if this is the greatest dream i believe in, then i needed to commit to it with my absolute best effort. honestly, everyone in this world is living by their own standards and who you are depends on, the standards you live by. but honestly, ive always had a bit of a loser mindset, what a man should be? and i never felt like that matched who i am. ive always had a complex about that, like rough or edgy and not too exemplary either. but suddenly i got confused about all that. i ended up talking about it to david, david kept asking me “what is that coolness you have in your head?” that made me dig deep and really think. i realized i should actually live by what’s ‘good’ and i need to express that through music. so i found this dream of showing ‘goodness’, i want to show the world what real goodness is and making music like that. ultimately, for the next generation.. i really want to show the next generation what that is. so my dream became very clear. you can be good and also be cool, i want to create a new kind of cool. i truly want that and i want to live it and achieve it in my own life. i realized this is truly something worth dedicating your life to.”
3:12

mark explained the confidence behind his big decision “that kind of thing felt so precious. i mean, even putting aside security, money, all these things.. the fact that i still had something i wanted to achieve. that felt so precious. ive always wanted to do things well, to really reach the top in everything. as someone who wakes up every day with this drive to live at my best, i began to wonder, “what does ‘the best’ actually mean? and whats my ultimate dream? what is the greatest thing i can leave behind in this life, in this world?” so everything started connecting. and if this is the greatest dream i believe in, then i needed to commit to it with my absolute best effort. honestly, everyone in this world is living by their own standards and who you are depends on, the standards you live by. but honestly, ive always had a bit of a loser mindset, what a man should be? and i never felt like that matched who i am. ive always had a complex about that, like rough or edgy and not too exemplary either. but suddenly i got confused about all that. i ended up talking about it to david, david kept asking me “what is that coolness you have in your head?” that made me dig deep and really think. i realized i should actually live by what’s ‘good’ and i need to express that through music. so i found this dream of showing ‘goodness’, i want to show the world what real goodness is and making music like that. ultimately, for the next generation.. i really want to show the next generation what that is. so my dream became very clear. you can be good and also be cool, i want to create a new kind of cool. i truly want that and i want to live it and achieve it in my own life. i realized this is truly something worth dedicating your life to.”

ٰ

32,996 views • 1 month ago