Intel is a fundamental computing company
Intel has proclaimed that it has morphed into a fundamental computing company.
That surprising statement came from Chipzilla's CEO, Paul Otellini, who was speaking at an investor event. It was presumably an effort to spur more interest in the firm, which in the past has done pretty well fabricating bits of silicon. Otellini waxed lyrical about how Intel has made a remarkable transformation since the turn of the century which, according to him, has turned it into a "different kind of company."
While everyone was left to wonder what on earth Otellini was talking about, he clearly wasn't so keen to completely discard his firm's well established revenue stream. Otellini said that he expected the firm to ship 4 billion "cores" in 2010 and the chip market to grow at rates above 20 per cent for the next five years.
