Brian Krzanich will stay the course at Intel and possible double down on manufacturing. There's a continuity benefit today, but if the chip giant needs to make a more radical move it may have to pay up later.
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Brian Krzanich becomes Intel's sixth CEO and will take over on May 16. Renee James, who most recently led Intel's push into software, will become president of Intel. Will this duo have mobile chops?
"Never in the history of our company has our ability to participate across the spectrum of computing been greater," says Intel CEO Paul Otellini.
CEO Paul Otellini said in a release that the company performed well "amidst market softness" that translated to revenue declines in its PC and data center groups.
Few analysts are expecting much from Intel's first quarter. They are hoping for color on PC and server demand. A new CEO and some real mobile results wouldn't hurt either.
The chip giant touted vPro's embedded security features and designs to connect intelligent systems everywhere.
Intel delivered strong first-quarter results, upped its outlook for the second quarter and said that it will power its first smartphones shortly.
By business unit, Intel's results were mixed. PC client, data center and other products all fell compared to a year ago.
The bigger question here is whether technology buyers---consumer and corporate---are going to have much patience for Wintel trial and error as the PC and tablet experiences come together.
AMD's acquisition of SeaMicro was well received, but channel conflict with partners remains a big concern.