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Technology Stocks : Investing in Exponential Growth

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From: Paul H. Christiansen4/4/2019 11:18:20 AM
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Intel is preparing for a data-centric tsunami

Navin Shenoy, executive vice president at Intel, introduced more than 50 new products yesterday at Intel’s “data-centric” event in San Francisco. They range from the second-generation Xeon Scalable flagship processor to the Optane memory chips that will dramatically improve the capacity and density of data storage.

Shenoy said those products are necessary to feed the beast of demand for cloud-based services, from Netflix movies on demand to sensor analysis for self-driving cars.

The trends fueling the data-centric world include a proliferation of cloud computing, the growth of AI and analytics, and cloudification of the network and the edge. In the past five years, Intel saw a 50% increase in compute demand, and it predicts the same again in the next five years.

The demand for diverse workloads is increasing, so Intel has been investing to move data faster with ethernet and silicon photonics, store more data with Optane products, and process everything with CPUs, FPGAs, and custom chips. And for once, Intel isn’t trickling out its products — it’s launching them all at once. I talked with Shenoy at the event.

Read More – Venture Beat
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