The week-long Consumer Electronics Show in Las Vegas finished up over the weekend.
Even so, there’s some remaining buzz about the event’s keynote presentation by Brian Krzanich. He’s the CEO of chipmaker Intel Corporation (NASDAQ – INTC).
You can watch the full hour-long presentation by the Intel CEO HERE.
Inside The Intel Bag of Tricks
During his time in the limelight on the CES 2015 stage, Krzanich boasted that Intel will be a global leader in “The Next Consumer Technology Wave” during 2015. He promised big breakthroughs from the company in “Computing Unleashed,” “Intelligence Everywhere,” and “The Wearable Revolution”.
His presentation featured RealSense camera technology, coming advances in 3-D printing, robotics, and games with drones.
And there was the Nixie wearable flying camera.
And the Curie computing module, a multi-purpose device the size of a shirt button. Intel hopes it will be integrated into a variety of wearable applications by the end of this year.
Krzanich closed with a pledge. His company will commit $300 million to promoting workplace diversity by hiring and promoting more women and minorities.
Visionary Innovation or Wishful Thinking?
It was certainly entertaining. But it left many industry pundits shrugging their shoulders. Krzanich was mainly talking about improvements in existing technology instead of breakthrough innovations.
Even so, INTC stock was up 1.1% for the week, with Intel advancing while the broader market lost ground.
All this comes just before the company’s next earnings announcement on Thursday, January 15, which we’ll be watching closely to see how the market responds.
2014 was a strong year overall for Intel. So even a positive report could be considered a disappointment, given the strange logic of Wall Street.
But the astrological factors at work seem favorable, both at the time of the earnings report and for some time afterwards.
So watch Intel. You can read more about the stock in the latest issue of FinancialCyclesWeekly.com newsletter.
INTC may be shaping up as a potential candidate for intermediate-term investment.
So check it out.
Even if the company’s push into “The Next Wave” is more copycat behavior than genuine creativity.