# Episode 115: Intel Earnings, TSMC Symposium, Tariff Updates...

- Show: [The Circuit](https://hardwarepodcasts.com/podcast/the-circuit)
- Published: 2025-04-28
- Length: 38m
- Episode: 116
- Page: https://hardwarepodcasts.com/podcast/the-circuit/2025-04-28-episode-115-intel-earnings-tsmc-symposium-tariff-updates
- Listen: https://share.transistor.fm/s/6732b3f2

## Summary

Ben Bajarin and Jay Goldberg analyze Intel's recent earnings report under new CEO Lipu Poon, discussing the strategic implications of massive workforce reductions and the need for cultural shifts to empower engineers. They examine Intel's AI strategy, noting the ambiguity around its execution and the potential for acquisitions, while also evaluating the competitive landscape of foundry services following TSMC's unveiling of its A14 process. The hosts conclude by assessing the volatile impact of global tariffs on the semiconductor supply chain, highlighting recent diplomatic shifts between the US and China.

## Chapters

- [0:06](https://hardwarepodcasts.com/podcast/the-circuit/2025-04-28-episode-115-intel-earnings-tsmc-symposium-tariff-updates#t=6) Intel Earnings and Leadership Transition
- [5:44](https://hardwarepodcasts.com/podcast/the-circuit/2025-04-28-episode-115-intel-earnings-tsmc-symposium-tariff-updates#t=344) Workforce Reductions and Organizational Benchmarking
- [12:43](https://hardwarepodcasts.com/podcast/the-circuit/2025-04-28-episode-115-intel-earnings-tsmc-symposium-tariff-updates#t=763) Intel's AI Strategy and Execution Risks
- [22:48](https://hardwarepodcasts.com/podcast/the-circuit/2025-04-28-episode-115-intel-earnings-tsmc-symposium-tariff-updates#t=1368) Foundry Roadmap: 18A, 14A, and TSMC Competition
- [29:01](https://hardwarepodcasts.com/podcast/the-circuit/2025-04-28-episode-115-intel-earnings-tsmc-symposium-tariff-updates#t=1741) Chiplet Architecture vs. Monolithic Design
- [35:41](https://hardwarepodcasts.com/podcast/the-circuit/2025-04-28-episode-115-intel-earnings-tsmc-symposium-tariff-updates#t=2141) Global Tariffs and Semiconductor Trade

## Topics

- [Scaling production](https://hardwarepodcasts.com/topic/scaling-production)
- [Chips, FPGAs & semiconductors](https://hardwarepodcasts.com/topic/chips-and-fpgas)
- [AI & machine learning](https://hardwarepodcasts.com/topic/ai-and-machine-learning)
- [Policy, trade & tariffs](https://hardwarepodcasts.com/topic/policy-trade-and-tariffs)
- [Manufacturing partners & offshoring](https://hardwarepodcasts.com/topic/manufacturing-partners)

## Most relevant to

large enterprises

## Mentioned

- Intel (company)
- TSMC (company)
- AMD (company)
- Apple (company)
- Nvidia (company)
- Lipu Poon (other)
- Michelle Johnston Holthaus (other)
- Panther Lake (product)
- Nova Lake (product)
- 18A (product)
- 14A (product)
- A14 (product)
- Grace Blackwell (product)

## Related episodes from other shows

- [Lip-Bu Tan's Intel](https://hardwarepodcasts.com/podcast/oxide-and-friends/2025-03-21-lip-bu-tans-intel) (Oxide and Friends)
- [TSMC Scraps a Batch of Wafers | AI Limitations | ISSCC](https://hardwarepodcasts.com/podcast/ee-times-current/2019-02-22-tsmc-scraps-a-batch-of-wafers-ai-limitations-isscc) (EE Times Current)
- [AI Chip Revelations | A Corporate Soap Opera | The Sounds of a Pandemic](https://hardwarepodcasts.com/podcast/ee-times-current/2020-04-17-ai-chip-revelations-a-corporate-soap-opera-the-sounds-of-a-pandemic) (EE Times Current)
- [Live from the Global CEO Summit](https://hardwarepodcasts.com/podcast/ee-times-current/2019-11-15-live-from-the-global-ceo-summit) (EE Times Current)
- [Season 5 of Moore's Lobby is Coming Soon](https://hardwarepodcasts.com/podcast/moores-lobby/2022-09-06-season-5-of-moores-lobby-is-coming-soon) (Moore's Lobby)

## Citing this page

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