Intel Corporation (NASDAQ:INTC)‘s Developer Forum is going to take place in San Francisco next month. Experts are predicting some key strategic moves by Intel Corporation (NASDAQ:INTC) in this event that will set the course of action for the tech giant in the coming years. In an article on Forbes, Kurt Marko argued that Intel is planning to revamp its Data Center approach for a long time. Intel Corporation (NASDAQ:INTC) has been working on infrastructure optimization for better efficiency along with refining its High Performance Computing domain to keep up with the global industrial computing needs. Marko thinks that Intel is pushing x86 architecture to new levels because it is suitable for all sorts of devices, from tablets to high-end mission critical systems.
Marko thinks that Intel wants to conquer all the fabrics of Data Centre because the company is looking forward to be more than just a chipmaker. Intel Corporation (NASDAQ:INTC) is focusing largely on Cloud, XaaS, storage, Big Data and HPC in order to have a complete ecosystem in the enterprise domain. The article said that Intel is set to launch many products in the coming days which will make a huge mark on the high end tech industry. Intel has promised Haswell microarchitecture to the server line, power-efficient DDR4 memory, and new Xeon platform and 10/40Gbe controller.
Marko also stated that Intel Corporation (NASDAQ:INTC)’s Developer Forum (IDF) will not only give some simple speedups to refresh its products rather the event will feature some special industry oriented products and announcements. He thinks that the company is focusing to inculcate hyper scale cloud service providers and HPC parallelized workloads.
The author added that Intel Corporation (NASDAQ:INTC) has always perceived virtualization as an opportunity to scale down big core devices to little-core workloads.
Soros Fund Management, led by George Soros, owns around 3.91 million shares of Intel, as of the end of the second quarter. Soros upped his stake in the company by around 160% over the quarter.