“I describe it as we are now a capital intensive business…” — Dwarkesh Podcast at 1:10:27
“I describe it as we are now a capital intensive business and a knowledge intensive business. And in fact, we have to use our knowledge to increase the ROIC on the capital spend, because that's kind of, the hardware guys have done a great job of marketing the Moore's law, which I think is unbelievable and it's great.”
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