Intel is reportedly moving its business away from the shrinking PC market and into the growing trend of fuss-free gadgets.
The U.S. based tech company, known for manufacturing PC chips, is now in a desperate attempt to shift away and instead focus on chips for data centers and connected devices after a sudden downfall in the PC market.
In the company's official blog, CEO Brian Krzanich, hinted about the future plans of the world's largest chipmaker.
"Our strategy itself is about transforming Intel from a PC company to a company that powers the cloud and billions of smart, connected computing devices," he wrote.
"But what does that future look like?" he asks, going on to announce the new direction of the company.
In the company's latest 10-Q filing, the PC even failed to secure an individual section and was adjusted under the "Things & Devices" in the chart showing "Virtuous cycle of growth."
The company also noted that "things and devices" have become smart and connected to the cloud, thus there is a greater demand for data centers to not only connect these devices, but also to capture and analyze the data they create.