The creation of this new company supports Intel's intent to maintain its industry-leading position in nonvolatile memory and enables us to rapidly enter a fast-growing portion of the flash market segment.

The creation of this new company supports Intel's intent to maintain its industry-leading position in nonvolatile memory and enables us to rapidly enter a fast-growing portion of the flash market segment.

At one level it's clear that the dam has broken. There's an inevitable move to use the Internet as a distribution medium and that's not going to stop.

Intel's Pentium III processor operating at 1 GHz is the highest performance microprocessor for PCs, enabling Intel's customers to ship the fastest personal computers in the world.

You have to make a bet one way or another. We believe that overall demand is going to continue to grow, and its absolutely being fueled by the Internet. If anything, we're just building a little bit ahead of the curve. There's clearly a curve toward growth, and the question is 'How do you intercept that?' We've decided to intercept it as aggressively as possible.

In order for us to deliver this we have to integrate the big-screen capability, the PC capability, and the Internet experience. This is a combination of hardware and software that delivers a new media experience.

Decades of providing technology in growing volume and at decreasing costs have driven great gains for developing nations, communities and people worldwide, but there is still much to do.