Intel CEO Lip-Bu Tan joins Eric Veiel to discuss Intel’s next chapter, AI infrastructure, supply chain resilience, and the future of compute.

The Long View: Lip-Bu Tan, CEO of Intel

The Angle from T. Rowe Price

# Full Transcript

**Podcast:** The Angle from T. Rowe Price

## Transcript

With all your success, this is an iconic company. This is so important for industry and for country. Before you retire, save Intel. That touched my heart. Welcome back to The Angle from T. Rowe Price, a podcast for curious investors. Just a reminder that outside of the US, this podcast is for investment professionals only.

For this episode of The Long View, I sat down with Lip-Bu Tan, CEO of Intel in Menlo Park, California. We discussed his journey to Intel, the future of AI infrastructure, and what it will take for one of technology's most iconic companies to compete in the next era of compute. Well, Lip-Bu, thank you so much for joining us on The Angle. We really appreciate you taking the time to be with us.

Intel is interesting. It's one of the few companies whose turnaround matters not only to shareholders, but to the structure of the entire global semiconductor supply chain and frankly to US national sovereignty. Before we get into that though, I'd love to start with you. I always like to get to know my guests a little bit personally. And you've got a really interesting story. Born in Malaysia, youngest of five. Your father was in the journalism business.

Your mother worked at the university. As a kid, I'm curious, what did you love to do? Like, what did you spend your time on when you were a little kid? So first of all, thank you so much for inviting me for this podcast. And I think a little bit of my background, born in Malaysia, more Johor, just north of Singapore.

And I followed my mum to Singapore for my education and high school, college before I came to US for graduate school. And when I was young, my brother and sister, they all, my mum is very strict with them. So they had to play, you know, piano lessons and all the way up to performance and composer.

And my brother is an orchestra playing violin. Oh, wow. And then I was supposed to do the same thing in the piano. And I was just too lazy. And then I love catching spider. And I play basketball, volleyball as a team. And so I kind of having fun. And my mum, you know, being the youngest, he let me do whatever I want. So it turned out to be a lot of freedom to do that. That's great.

And then my mum also, for some reason, he said, well, all your brother and sister, they sent to English school. Uh-huh. The last one is, well, I sent you to Chinese school. Uh-huh. So learn the Confucian theory and everything. And so, you know, I always apologize to me that, sorry that your English is not good as a second language. So in some way I survived. Well, you definitely did more than survive. That's a really great story. I was also the youngest.

The youngest always get away with a little more. Get away, exactly. It's a good place to be in the birth order. I love basketball. I love volleyball. Yeah. And then, you know, vocal lesson and piano. It's kind of boring for me. Uh-huh. And until now, I appreciate that. That'...

The Long View: Lip-Bu Tan, CEO of Intel

Transcript

Built for investment professionals

Every day you wait, your competitors are finding
edge in conversations you're not hearing.

The Long View: Lip-Bu Tan, CEO of Intel

Transcript

Built for investment professionals

Every day you wait, your competitors are findingedge in conversations you're not hearing.

Every day you wait, your competitors are finding
edge in conversations you're not hearing.