Brian Krzanich pocketed almost $25 million from the sell-off in November, which came as the company rushed to address a flaw in its processor chips that could allow hackers to steal the memory contents of computers.
Sales in its processor business are expected to decline modestly from the first quarter, in line with industry seasonal patterns.
Intel, the world's largest producer of microchips, reported a sharp rise in quarterly revenue Wednesday due to strength in its processor business, and higher profit despite a $611 million charge for a communications-related acquisition.
But Mr. Huang says Intel is hardly in trouble, as its processors are still crucial to big businesses and many PCs.
But in recent years, Intel itself has shifted its emphasis somewhat from making ever more powerful chips to adding new features, in effect turning its processors into platforms.It recently launched Centrino, a group of chips that includes wireless technology.
First off, the company believes that in two years, its processors will be able to handle pretty heavy 3D tasks.
TRANSMETA CORP., Santa Clara, Calif., a start-up chip maker that is challenging the Intel Corp. in some of its hottest markets, said Philips Components, Sunnyvale, Calif., a unit of Royal Philips Electronics, Amsterdam, would use its processors in a line of touch-screen computer displays.
Priced at an eye-watering $1,999, the Intel i9-7980XE will remain aspirational for all but a handful of consumers, but it serves as Intel's salvo in its ongoing processor battle with AMD.
Recently Intel announced that a set of transactional synchronization extensions (TSX) will be available in its next processor microarchitecture, codenamed Haswell.
To underscore what's possible for AMD, the company detailed a remarkable turnaround in its graphics processor business.
