David Rosenthal: belief

Transcript context

…Exactly. On top of that, there are companies like Sony. There are these electronics companies are just way better than the electronics being manufactured in the United States. The country was really rallying behind this as an identity. Japanese companies were able to build enormous factories to build out these memories. Their economies of scale on building them could get so cheap and their access to capital with whatever was going on in Japan at the time was just enormous. They kept being able to get their private or public funding and pour them into these companies where they could produce way more memories, they could do it way cheaper, and the talent that they had there from all these emerging fantastic Japanese electronics companies were just as innovative, if not more innovative than Intel. Yeah, even at Intel's launch. Intel's market share of memories goes from above 80% at the beginning of the decade (I think 1984) dropped to 1. 3% of the global market. It's brutal. Which we should say is still a huge business at this point for anyone who gets this era that Macintosh was released in 1984. Personal computing is on the verge of becoming a thing but you think about mainframes. You think about all of the computing that was going on just before that. The demand for memories and all applications is huge. It's still a really big business with factories all over the country, with eight different projects going on for eight different models. Intel is a big freaking company just with that market share.…

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