The chipmaker missed the boat on mobile and is now trying to solidify its position as a supplier of the “new new” wave of computing: the so-called Internet of Things. That means it is making connected chips for anything from self-driving cars to jet engines. And it hasn’t entirely given up on mobile either. It was recently reported that Intel will supply up to 50% of the modems for Apple’s upcoming iPhone 7. Last November, the company landed another coup when it poached Murthy Renduchintala from Qualcomm to lead its newly-formed IoT division. But those wins haven’t been enough to stem the losses. Last year’s revenue came in at $55.4 billion, down 1% from the year before, with its PC and software groups seeing the biggest declines.
News about Intel
The digital defense contract may be the biggest of its kind this year.
The chipmaker is teaming with AT&T and Ericsson.
Qualcomm's road map looks more promising.
Beijing wants foreign tech companies to hand over their source code.
Videos about Intel
In a push for the development of self-driving cars
We've got a spec-tech-tacular show with the best of Disney's Bob Iger, Intel's Brian Krzanich, DraftKings's Jason Robins, and much more!