Intel Corporation (NASDAQ:INTC)
USB Global Technology Conference
November 14, 2017 11:00 AM ET
Navin Shenoy – EVP, Data Center Group
Unidentified Analyst –
All right. So good morning, everybody. We’re going to start the second day of the UBS Growth Tech Conference on a high note. We have Navin Shenoy with us, who’s the EVP and General Manager of the ever-important Data Center Group from Intel, and have been in the job for a few months now after quite a long career at Intel already. So it’s always a pleasure to have you today. We’re going to start with a presentation, and then we’ll have some time for Q&A. Thank you.
Thank you. I just stand over here I think. Good morning. It’s great to be here. Thank you guys for joining. I want to give you a little bit of perspective on data center strategy in general but before I do that I thought I just sort of give you highlight of the transformation that Intel itself is undergoing. You’ve heard from us I am sure since the beginning of this year that we’ve been in the midst of a transformation really over the last three or four years now. We see ourselves transforming into what we would call a data centric company, we are investing to be driving force in the data revolution, the notion of processing, analyzing, storing, moving data is really central –the central pieces to the company and is driving the investment profile that and the growth that we see ahead of us. I’ve been running the Data Center Group since June of this year. Prior to that I ran our client computing group. And one thing that I’ve recognized here in the last five or six months is that the silicon TAM opportunity that we have in front of us is much larger than perhaps we’ve thought about in the past. It’s much larger than server and microprocessors. The total silicon TAM in a data center is about $50 billion. And our share of that is about 34%. So we see huge opportunities for growth…