Intel Corp (INTC) at Citi 2014 Global Technology Conference (Transcript)

Edited Transcript of Intel Corp (INTC) at Citi 2014 Global Technology Conference (Transcript)

Company: Intel Corporation (INTC)

Event Name: Citi 2014 Global Technology Conference

Date: September 3, 2014 8:45 AM ET

Ehud Gelblum – Analyst, Citigroup

Good morning and thanks for coming. We’re here for our keynote presentation this morning. My name is Ehud Gelblum. I do data networking and telecom equipment here at Citigroup and again I am pinch hitting for semis. We’re thrilled to have Intel here this morning.

A little brief introduction. In 1968, Bob Noyce and Gordon Moore starting way, way back left Fairchild Semi to found a company that would later become Intel. Its first product, the 3101 RAM chip was introduced two years later and after that company went public in just the strength of its memory business alone. Later that year, Intel introduced its first processor chip, the 4004 and two years the company became big enough to open its wafer fab in 1973. After several years of pioneering 8-bit processor chips in 1978, the company hit it big with the 8086 16-bit processor, the company’s answer to the ZiLOG Z80 that actually if anyone had a Radio Shack TRS-80 that’s what it used, I actually had one, kind of a geek I was.

In 1981, when the successor chip, the 8088 was put into the IBM PC, it started a virtual cycle that has lasted over three decades and could continue to dominate the way compute has done for centuries to come. From the very start of the business, in 1968 to day only six men have sat in the CEO’s chair at Intel: Bob Noyce, Gordon Moore, Andy Grove, Craig Barrett, Paul Otellini and my guest today Brian Krzanich. He’s been in Intel for a staggering 32 years, since the day he graduated college is the calculation I made, I am not sure but if it’s true but it sounds like so. And he has run various parts of Intel’s fabs and manufacturing capabilities for the better part of most of the last 17 years, including driving Intel’s moves into both 0.18 micron and 0.13 micron.