- Though the PC market is still declining, it's "beginning to show signs of stabilization," says Brian Krzanich during Intel's (INTC +2.4%) investor day.
- The comments follow Q3 data from Gartner and IDC indicating slowing Y/Y shipment declines, thanks to relatively healthy U.S. and enterprise sales. There have also been various supply chain reports noting shipments to developed markets, where Intel's ASPs are higher, are stabilizing a bit (emerging markets remain weak).
- Separately, Krzanich states Intel is looking to grow its nascent foundry business, even by taking on 3rd-party mobile chipmakers as clients. Many have speculated Intel, which has already shown a willingness to manufacture ARM-based processors for foundry clients, will try to reel in Apple.
- As with mobile CPUs, Intel is banking on its manufacturing process lead to take foundry share (industry giant TSM will remain a formidable rival). Intel has landed FPGA vendor Altera as a client, and reportedly also has a deal with Cisco.
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