Intel to vouch on non-x86 processors for growth in 2013

SAN JOSE, USA:  Shifting its focus from the traditional x86 processors, Intel targets to generate $2 billion in revenues i.e. half its expected revenue growth. This time Intel is looking forward to vouch on chips outside its traditional x86 processors, reports Rick Merritt from EETimes.

According to Ross Seymore, an analyst with Deutsche Bank Equity Research, “Intel has dramatically outperformed its competition on revenue growth and/or profitability from 2008-2012 and is poised to extend these gains in 2013.”

The financial analyst who has been tracking the company says that new embedded, NAND flash and wireless products would help Intel to achieve its target. “These segments have the potential to generate about 50 percent of the $4 billion revenue growth implied in our 2013 estimates, leaving us more confident in upside potential and Intel's share price,” said Seymore.

According to Seymore, in the last five years, revenue for Intel’s Intelligent Systems Group has nearly doubled. The company shows the possibility to top $2 billion in 2012. Since 2008, its NAND Solution Group revenue has tripled. Its focus is on high value segments and it enjoys best margins in the NAND industry. But the company could witness slower growth in the PC unit and face market share losses to AMD, noted Seymore.