Chapter 411: Oath
A person's life is limited, and Su Mu has rarely personally handled the company's affairs recently, and he doesn't want to waste it on such a trivial matter as making money.
Whatever ideas arise in your mind, just let the employees under your hands deal with it, the company is now full of talents, and he doesn't need to worry too much, just need to supervise the company's accounts.
It's not fair at all, but that's the rule, the rich can often buy other people's time with money, which is equivalent to exchanging their lives for money, and that money circulates around, and a lot of it goes back to the rich, and it's a bunch of people begging them to buy their own time, working hard, just to live.
Obviously, Su Mu has jumped out of that circle, he can make decisions about his own life, do whatever he wants or live, how comfortable he is, and the acquisition of AMD is handled quite beautifully.
And that's not the end of the story, given that ATI, the company that specializes in graphics chips (GPUs), has a lot of overlap with AMD, and he's recently tried to get the executives of both sides to negotiate a merger into a more competitive company.
In addition, it is also planned to inject capital into AMD, the company has too little money on its books, most of it is spent on product research and development, due to low profits, research and development funds are often only about one-seventh of Intel company, it is too difficult to compete with the wealthy Intel, and recently AMD is fighting a lawsuit with Intel in a dead face, trying to extort a sum of money from it.
Judging from the examples of previous years, this time Intel will probably have to pinch its nose and give in, otherwise if AMD really can't support it, the price that Intel needs to pay in the end is much more than hundreds of millions of dollars in compensation!
In the minds of Silicon Valley people, AMD is such a dead-skinned and lazy company, and if it wants to pay compensation, it will ask Intel for patent licensing, but Intel is not completely helpless with it, such as adopting the model of product price reduction and sales, and successfully continuing to hold the market in its own hands.
AMD's manufacturing costs are higher than Intel's, and there is no way to fight a price war with it, and at the same price, those computer manufacturers are more willing to cooperate with Intel Corporation, which is also a big customer of Intel.
Sumu took over AMD...... But he is still more inclined to find Intel to buy computer processors, the technology gap is here, just the products put on the market are half a generation higher than AMD, and the next generation of processors has been developed in the laboratory, but there is no need to put them into the market, he used to be a minority shareholder of Intel, and Su Mu knows all these things......
Now is a period of precipitation and accumulation, getting rid of the impetuous atmosphere of Silicon Valley in previous years, with small things and not many big things.
On Christmas Day 1996, Sumu spent time at the Giant Sequoia Ranch in central California, and when it was harvest time, some adult beef cattle and sheep were sold, otherwise there would not be enough food and grass for them to eat until the beginning of next spring.
Christmas without snow, there are always some imperfections, sons and wives are at home, Su Mu will also calm down to experience the ranch life, there is always endless milk and mutton, beef every day, and occasionally go out to hunt, without the cover of the grass, it is easier to find prey.
As a result, Su Mu was finally sure that his marksmanship was completely out of proportion to his business acumen, and it took him two days to hunt a deer......
After the collapse of the Soviet Union, a group of allies who had been clamoring for secession began to regret it.
There is only one superpower left in the world, the United States, and the so-called "superpower" refers to the conclusion reached by integrating military, economic, cultural, and other factors.
No country or organization in the world can compete with the United States, whether it is military or economic, a Wall Street and a Pentagon make American residents feel extremely reassured.
With the economic and cultural expansion to the outside world, without the threat of the Soviet Union, the fleet became more unscrupulous, and military bases were scattered everywhere.
In the last days of President Bush's presidency, he went to the United Nations headquarters to point fingers, as if he regarded himself as a big brother, and he was followed by a group of younger brothers such as Britain and Australia, and he really had the strength to be arrogant.
To put it mildly, many of those people in the United Nations are on US salaries, and they are not fighting just because they want to fight in the Gulf War, the Somalia War, and so on, and no one has succeeded in stopping Bush Sr.
Some people are carnivaling, others are crying, for example, because of Japan, which collapsed after the collapse of the bubble, the world's richest man Yoshiaki Tsutsumi, who was extremely envied by Su Mu at the beginning, according to the value of the bubble at that time, he had a wealth of more than 160 billion US dollars, but now he is close to bankruptcy.
The dream of catching up with and surpassing the United States has been shattered, how to buy real estate in the United States and how to sell it, in vain let the Americans see a joke, and the Rockefeller Center has returned to the hands of the Americans.
At the end of the twentieth century, the world was generally turbulent and impetuous, which was a good thing for Sumu and other businessmen, oil merchants made money, gold futures speculated made money, arms dealers made money, those who did business were also expanding globally, Wall Street was constantly making big moves, playing the trick of harvesting global wealth, Britain, Mexico, Ukraine, Russia, etc., did not escape this catastrophe.
Su Mu has money in his hands, and recently he has been taking out loans, and in December alone, he borrowed $12.9 billion from three banks to acquire and invest, and he was in full swing.
The short-sellers OO and Bee no longer dare to mention the news of his lack of cash, and have been holding down the stock price to make acquisitions, making the shorts suffer enough, and it will be difficult to retreat unless they cut the meat.
January 1997, the 20th.
He flew to Washington, D.C., eight years ago to attend the presidential swearing-in ceremony of President George H.W. Bush, and today there is a new person, and the new president, Mr. Bill Clinton, will be in the White House, and an era is over, and a new era is beginning.
After 16 years of Republicans running the country, the power is once again in the hands of the Democrats, and in the November election, Bill Clinton successfully won the majority of votes in a crushing manner, probably knowing that it will be difficult to be re-elected this time, and the Republican candidate who ran with him did not seem to exert much effort, and even lazily canvassed for votes.
After the plane landed at the airport not far from the Pentagon, Su Mu rushed to the White House in a car, and if it weren't for Mr. Bill Clinton's personal phone call to invite him, he really wouldn't have bothered to come over to participate in such a boring ceremony......