Tech Stocks That Won CES 2014 – Intel (INTC)
Intel (INTC) went into CES 2014 as an underdog in the mobile space. Many people considered INTC a dinosaur among tech stocks — one that had become so fixated on the PC that it missed smartphones and tablets altogether and was attempting a seemingly impossible comeback against ARM (ARMH) mobile processors.
But INTC and new CEO Brian Krzanich came to the Consumer Electronics Show with a plan to show that Intel was leapfrogging beyond the whole mobile thing to become central to the next big waves: wearable technology and the Internet of Everything.
With the remarkable Edison memory card-sized PC, a slew of proof-of-concept gadgets (including connected baby monitors, coffee cups and its own smartwatch) and a contest to drive development of new wearables, Intel did a good job of convincing CES 2014 attendees that it things all figured out and has positioned itself as a driver of the trends.
It still displayed PC technology, but made the point that understand the future of tech stocks by announcing its PC processors can now run Android … and switch between Windows and Android at the push of a button.