Cramer & Intel Talk: Moore's Law, Computing And Balancing The Old With The New
The one problem that Intel Corporation (NASDAQ: INTC) investors have had in the last few years is that, even though the company has spread its wings to many areas, its core business still remains chips.
Intel Corporation CEO Brian Krzanich, was on CNBC's show "Mad Money" with Jim Cramer recently to discuss how he is planning to change that.
Generating IP And Taking It
"Our business model is that we generate IP (Intellectual Property) usually around the PC and the data center," Krzanich said.
"Then we take that into a broad range of devices, from the PC down all the way to the IoT (Internet of Things) and wearables and, one example we have about now is, our RealSense camera."
RealSense Camera
He continued, "And our RealSense camera is something that came out of our desire to get people off their keyboard, off their mouse and let them just use their hands.
"But what we have done is taken that intellectual property now and done it so that it can now look out in the world and spread it well beyond it."
The Right Balance
On whether Intel is trying to generate more of its revenues from IoT and data centers than conventional businesses, Krzanich said, "I think of Intel as a company that's driven by two things. Moore’s Law and compute.
He explained, "So what a lot of people don't know is, even in the first quarter roughly 40 percent of our revenue and 60 percent of our margin was generated by data center, IoT and memory.
“And that is the area that we are trying to really be a growth [in]. And so we are getting to our place where we are able to get that to where the company is more balanced between the classical PC and these other areas," Krzanich concluded.
Image Credit: Public Domain
© 2025 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Posted-In: Brian Krzanich CNBC Internet of Things IoT Mad Money Jim CramerMedia Best of Benzinga
