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Chapter 171: Earning a Small Two Billion (Part 1/4)
While they were chatting, Tang Feng had already prepared a full table of dishes.
“Everyone, come and eat!” Tang Feng called out.
Su Xiaoli and the others sat down at the dining table.
“My goodness! The dishes Tang Feng has prepared are so lavish!”
“And they look so beautiful! Xiaoli, compared to yours, his are much better.”
“There’s no helping it! Tang Feng’s culinary skills are absolutely the peak in China and even the world! Even if I practiced for many more years, I wouldn’t be able to catch up,” Su Xiaoli responded.
“Don’t listen to them! The food you make is delicious! I look forward to eating your cooking every day!” Tang Feng said with a smile on his face.
Hearing this, Su Xiaoli’s face turned red.
“Boss is absolutely right! I can vouch for that!” Su Ming said.
“What can you prove! Xiaoli, finding a boyfriend like Tang Feng is truly your good fortune! We’re genuinely envious of you!” Ning Xiao glared at him and said.
“You all better hurry up and eat! Otherwise, the dishes will cool down, and they won’t taste as good,” Su Xiaoli urged everyone.
Everyone exchanged glances, chuckled, and then began to eat heartily.
As they raised their glasses in celebration, the CEOs of Intel Corporation, as well as their shareholders, had grim faces.
Even though it was already midnight in the United States, the CEO of Intel Corporation, Charles, hastily convened a meeting.
All shareholders of Intel Corporation, who also serve as directors, were present.
Charles, who was previously the CEO of another corporation, was appointed as the CEO of Intel Corporation in March this year.
He had ambitious plans to take Intel Corporation to new heights.
However, this unexpected development had him sweating profusely.
The directors were also visibly upset.
“Mr. Charles, according to the latest information we received, China’s Dragon Heart Corporation has manufactured the first 256-nanometer computer chip. What do you think about this?” Director Lawrence asked.
“We are currently verifying the authenticity of this news. If it’s true, we definitely need to assess the impact it will have on Intel Corporation,” Charles answered.
“If it turns out to be true, what measures do you plan to take?” another director, Carl, asked.
“We haven’t decided yet. Mainly because the opponent claims their costs are half of ours. Personally, I don’t believe it. Our chip yield rate is very high, almost 95%. It’s impossible for them to produce such high-end chips in such a short time with a higher yield rate than ours. Even if they have some cost advantage, it definitely won’t be that significant,” Charles responded.
“But I think Tang Feng wouldn’t make baseless claims at the product launch. I think the company should immediately set up an investigation team to thoroughly examine this matter from start to finish! The stock market will open tomorrow morning, and the company’s stock price is bound to plummet! You must also hurry to issue a statement to calm the investors,” Lawrence said, his expression very solemn.
His consortium is a major shareholder of Intel Corporation, owning about 5% of the company’s shares.
Even a 10% drop in Intel’s stock price would mean a loss of billions of dollars for the consortium!
This figure was terrifying!
And a 10% drop is a rather optimistic guess!
Remember, the stock market in the United States has no limit on price fluctuations!
Once it starts to fall, it could easily drop 20% or more!
With Intel’s current market value, a 20% drop would mean 50 billion dollars gone in an instant!
“We are trying to draft an appropriate announcement! But it seems no matter what we say, investors may not believe it,” Charles said with a troubled look.
“Doesn’t the company always have a strong technical reserve? Maybe we can issue a new announcement and introduce more advanced products to the market,” Carl suggested.
“No!” Charles shook his head, “More advanced products have a very low yield rate and are not yet fully mass-producible. And their cost is very high, most customers simply won’t buy them.”
“So, does that mean Intel Corporation is left with no other choice but a dead end?” Lawrence asked grimly.
“Perhaps our best strategy is to lower the chip prices! But doing so, the company’s profits will significantly decrease,” Charles answered.
“If profits decrease, the company’s stock price will continue to fall! Who exactly is this Tang Feng, and how does he have such great ability! To be able to produce such high-end computer chips in such a short time!” Carl asked through gritted teeth.
“Mr. Carl, Tang Feng is an extraordinary individual. Don’t be fooled by his young age; he is already a world-class mathematician. Besides that, he has made significant achievements in Go and culinary arts! He is even the captain of China’s national basketball team! In the recent World Basketball Championship, he led the Chinese team to win the championship trophy!” Charles briefly explained what he knew.
“Is that true? Is he really that incredible?” Carl could hardly believe his ears.
“Absolutely true! You can find some information about his achievements online,” Charles replied.
“Unbelievable, China has produced such a remarkable genius! Such a genius, shouldn’t he be working for us? Charles, find a way immediately! Bring him over, no matter the cost!” Lawrence decided on the spot.
“I doubt it!” Charles shook his head, “He has already produced Dragon Heart No. 1, and he will definitely continue to exert influence in the chip industry. The difficulty of luring him over is just too great.”
“If he can’t work for us, then we must find a way to destroy him! Otherwise, it won’t be long before Intel Corporation’s revenue sharply declines. Just get rid of him, and it will definitely have a very serious impact on China’s chip industry,” Carl suggested maliciously.
“Such a figure is definitely highly valued by the Chinese side. We fear that our people might be monitored as soon as they enter China! Moreover, if he is assassinated right after the product launch, the Chinese will definitely blame us! This would create significant obstacles to our product sales,” Charles explained.
“I agree with Charles’s view. Now is indeed not a good time to act. We should try to infiltrate him instead,” Lawrence suggested.
“Dealing with such a genius, money is definitely of no use. It seems we need to use beauty,” Carl said.
“For beauty to work, it must be a Chinese person. Otherwise, it will definitely attract attention,” Lawrence reminded.
———-
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Moofie[Translator]
Just a college student that loves reading novels~!