Shenhao started as a military training anchor

Chapter 1158 Acquisition of Intel

Holly promised Di Lieba that when she returned to the entertainment industry after giving birth, she would let her make a high-profile comeback as the "Queen".

The fashion festival he personally organized attracted global attention. Dilraba Dilmurat became the darling of the first half of the fashion season. Her current net worth is more than double that before she retired to have children.

Holly has laid the foundation for her comeback, and she has to walk the rest of the way on her own. If she wants to become an evergreen in the entertainment and fashion circles, her own qualities are also very important.

Obviously, Di Lieba still needs a lot of improvement.

Holly understands her character and knows how hard she works. She took on the responsibility of running a company on her own and signed a high-stakes gambling agreement. She is the typical image of a hard-working woman.

She has a ruthless nature in her bones.

After dealing with the woman's issue, Holly turned his attention to Intel.

Getting ready to take action against Intel.

Now is the best time to acquire Intel.

Intel just released its financial report, which can be described as appalling.

The net loss reached 16.3 billion US dollars.

The net profit margin in the last fiscal year was only 3.1%, which can be described as "finished" for a technology company and a semiconductor company.

As expected, Intel’s stock price plummeted as soon as the financial report was released.

It fell 20% overnight.

The decline is very steady, and there is no sign of recovery.

It fell 60% in just half a month.

It fell from more than 2600 billion U.S. dollars to below 1000 billion U.S. dollars.

It's not just Holly, Qualcomm is also eyeing Intel.

Although Blue Factory has lost its glory on the PC side, it still has its heritage.

The acquisition of Intel for hundreds of billions of dollars is a great deal.

Qualcomm does not have this strength. If it wants to swallow Intel, it must resell part of Intel's assets and have a strong investor willing to take over.

The market value of the two companies only differs by a few hundred billion US dollars, so even if Qualcomm is interested, it is a bit powerless.

Holly has now freed himself from the financial war. With the US dollar interest rate cut and capital inflow, Holly's two cash giants, Shunwei Capital and Caihai Bank, have recovered.

It is not too difficult to acquire Intel, which has a market value of hundreds of billions of US dollars, and complete the controlling stake in Intel.

When Intel's stock price plummeted and securities institutions and shareholders were rushing to sell, Holly used Shunwei Capital to buy a large amount of shares.

Holly bought 3% of the shares circulating in the secondary market alone.

Intel executives and shareholders immediately paid attention to the news.

Is Hawley going to take action against Intel?

When they had doubts, Holly sent a letter of intent to acquire the company to Intel's board of directors as a shareholder.

Intel executives were not panicking, but Qualcomm was.

After working hard for most of the day, you're just making things easier for others?

Seeing that the duck in hand was about to fly away, Qualcomm could no longer sit still and once again negotiated the acquisition with Intel's board of directors.

Holly is still buying a large number of circulating shares. Once you buy more than 5% of shares on the stock market, the China Securities Regulatory Commission will investigate your true intentions.

I seriously suspect that you have the intention of malicious acquisition.

Suspicions are suspicions and investigations are investigations, but forced acquisitions in the stock market have not been eliminated or prohibited.

In the end, it all comes down to who is richer and who has greater financial resources.

Of course, the ones who suffer are Intel's major shareholders and board members.

So after contacting Qualcomm, Intel's senior management, led by CEO Terry Parker, and the Intel negotiation team went to China and began to contact Holly.

Compared with a hostile takeover, negotiation can better protect the interests of shareholders.

International Conference Hall of Everest Technology Group.

Holly personally went to talk to the team and Intel executives.

"Mr. Huo, I've heard a lot about you!" CEO Terry Parker addressed him respectfully.

His role is the same as that of Apple's Cook, that of a professional manager and a senior employee who runs errands. He is very respectful to Holly, the world's richest man.

Holly smiled and said, “This is the first time we’ve met, but I’ve met your former Blue Factory CEO Bob several times.

He is the worst CEO I have ever seen.”

Don't be polite, just name it directly.

"Mr. Bob made great contributions to the company during his tenure!" Terry Parker tried to defend. He certainly would not admit that Bob was a complete failure, which would be equivalent to admitting that Intel's strategy over the past decade had failed.

This is not something he should evaluate as a new CEO. He needs to look at the future.

Holly smiled, his emotional intelligence is quite high.

Invite Terry Parker to take a seat.

After a brief acquaintance and communication between the two parties, they entered into formal negotiations.

Holly struck directly at Intel's vital point and seized the initiative.

Smartphones, AI, and new energy vehicles are the three major trends, but Intel has not seized any of them.

Instead, it allowed Nvidia, its former younger brother, to make a comeback.

Twenty years ago, Intel's market value reached 3000 billion US dollars, while Nvidia's market value was only a few billion US dollars.

But now Nvidia has soared to 3000 billion and Intel has fallen below 1000 billion.

At the negotiation table, when these data were discussed openly, Terry Parker and others were embarrassed.

It's really embarrassing.

But it has nothing to do with him directly.

Former CEO Bob is the culprit.

Having reaped the benefits of CPUs for 20 years, the company wanted to reap the benefits for another 20 years. Even the cancellation of Apple's 15-year cooperation with Intel on laptops failed to wake him up.

The funniest thing is that the global AI giant Open-AI tried to break free from Nvidia’s control and tried to communicate and cooperate with Intel.

Open-AI is even willing to sell 15% of its shares to Intel.

This cooperation project was directly rejected by Bob.

He thinks that AI generation will not have a large application market in the short term, and investing in open-AI is not worth it.

As a result, in just a few years, AI has become a hot spot for global capital.

If Bob were still in the position of CEO, he would probably be vomiting blood.

Intel continues to focus on CPUs and has no breakthroughs in lithography machine technology...making it difficult for Intel to make progress in the semiconductor market.

“It turns out that GPUs are better suited for AI,” Hawley said.

Tripark retorted: "No! Mr. Huo, Intel's new CPU..."

Before he could finish, Holly raised his hand and interrupted, "Can you tell me where the chip is?"

Terry Parker was silent.

The new CPU was originally scheduled to be released this year, but due to funding issues, it was postponed to two years later.

This means that in the past two years, Intel has no chips that can compete with Nvidia.

Currently, the most powerful CPU chip produced by Intel can only rank in the middle of the world's high-computing power chips in terms of running scores.

If we have to wait two years before launching a new product, the gap will be huge by then.

Intel is estimated to not even be able to maintain its current market value of US$100 billion and will continue to plummet.

Holly said bluntly: "There is only one way left for Intel now, embracing AI and new energy.

Qualcomm is not your best choice.

I am.”

Intel's top executives must admit that the AI ​​and new energy industries under Holly's leadership are at the forefront of the world.

His acquisition of Intel will enable industrial complementarity and integration.

Achieve the effect of one plus one being greater than two.

Terry Parker was lost in thought.

The problem now is that Holly wants too much.

The letter of intent he drafted was not only to complete the controlling stake in Intel, but also to gain absolute voting rights.

The intention is very clear, which is to carry out drastic reforms on Intel and kick out the outdated industrial linkage model.

If there is a problem in one link, all links will come to a halt.

This is also an important reason why Intel has stagnated.

But if Holly does this, it will hurt the interests of many people, and the board of directors is likely to reject his acquisition plan.

(End of this chapter)

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