During what would’ve been Mobile World Congress 2020, which was ultimately scrapped due to the then-still-emerging COVID-19 pandemic, Intel laid out its thinking around 5G–a $25 billion silicon opportunity by 2023 that the chipmaker wanted to capture a 40% share of by 2021, earlier than initial forecasts of 2022.
Well, according to commentary from outgoing CEO Bob Swan on an quarterly financial reporting call last week, Intel hit its goal in 2020 and Swan’s successor, VMware chief Pat Gelsinger, sees the combo of 5G and distributed compute as a long-term revenue driver for the company.
