Intel CEO Brian Krzanich announces new corporate strategy

Intel, as a company, is undergoing a radical transformation. Once a company with over 140,000 employees, it has announced that there will be a workforce reduction amounting to 11% of the people who are currently employed. Instead of the risky gamble of penetrating new markets (like mobile), Intel will now focus on a new strategy called “logic to memory”. The logic will focus on x86 and FPGAs while the memory focus will change from DRAM and NAND to the new 3D X-Point being developed in collaboration with Micron.   CEO Brian…

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