Sou Hu Cai Jing·2025-12-22 04:16Core Viewpoint - Many leading chip companies in the U.S. are currently led by Chinese CEOs, who have successfully turned around struggling firms [1][3]. Group 1: Company Performance and Leadership - AMD was on the verge of collapse with continuous losses until CEO Lisa Su implemented significant reforms, focusing on R&D and launching the Zen architecture, which led to a successful turnaround [3]. - Broadcom, under CEO Hock Tan, has seen substantial growth, with a market capitalization exceeding $1.6 trillion, ranking it seventh globally [3]. - Intel, after the appointment of Pat Gelsinger, has begun to recover from previous struggles, including significant losses in the CPU market and poor performance in the GPU sector [3][5]. Group 2: Technological Advancements - Under Pat Gelsinger's leadership, Intel has made strategic cuts to unprofitable segments and is focusing on its core business, leading to improved performance [5]. - Intel's 14A process technology has shown advancements, with performance per watt improving by 15-20%, power consumption decreasing by 25-35%, and transistor density increasing by 30% compared to the previous 18A generation [5][7]. Group 3: Market Dynamics - Intel has reportedly secured orders from AMD, Apple, and NVIDIA for its 14A process technology, indicating a shift away from reliance on TSMC for manufacturing [7]. - The potential success of Intel's 14A technology poses a significant threat to TSMC, as U.S. companies may prefer to support domestic manufacturers, which could lead to a loss of orders for TSMC [8].