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Semiconductor legend Lip-Bu Tan told BI his strategy for investing in Nvidia competitors

Jan 23, 2025 - businessinsider.com
Lip-Bu Tan is a prominent figure in the semiconductor industry, known for his roles as CEO, board member, and investor. He has been influential in major companies like Intel, SoftBank, and Cadence Design Systems, where he successfully turned the company around during a crisis. Tan is recognized for his strategic investments in startups that offer efficient alternatives to Nvidia's power-hungry GPUs, such as SambaNova Systems and Rivos. His investment firm, Walden International, manages over $1.5 billion in assets, and his venture fund, Walden Catalyst, supports AI-driven startups.

Tan's insights into the chip industry are highly regarded, and he emphasizes the importance of data in driving AI advancements. He sees significant opportunities in industries where AI can have a substantial impact, particularly in healthcare AI for biomarker identification and drug discovery. Tan believes that being close to data is crucial for success in AI ventures. He maintains relationships with industry leaders like AMD CEO Lisa Su and Nvidia CEO Jensen Huang and acknowledges the need for alternatives to Nvidia's dominant GPUs, driven by market diversification and cost concerns.

Key takeaways:

  • Lip-Bu Tan is a prominent figure in the chip industry, known for his leadership roles and successful turnaround of Cadence Design Systems.
  • Tan invests in startups offering efficient alternatives to Nvidia's power-hungry GPUs, focusing on companies like SambaNova Systems and Rivos.
  • He believes in the importance of being close to data for success in AI, with a particular interest in healthcare AI for identifying biomarkers and drug discovery.
  • Tan's investment firm, Walden International, and its venture fund, Walden Catalyst, support various players in the AI boom with significant assets under management.
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