Dr. Andrew S. Grove, Ceo, Intel Corporation, Warns European Leaders Of Potential ‘Technology Deficit’

DAVOS, Switzerland, February 3, 1997 — Intel President and Chief Executive Officer, Dr. Andrew S. Grove, in his opening plenary session speech at the World Economic Forum in Davos, Switzerland, today advised European government and business leaders to take advantage of their existing infrastructure and substantial investments in information technology (IT) as a competitive tool in the race towards globalization. He said that without significant national programs and incentives towards increased utilization of existing technology, IT investments alone would not be enough to maintain competitiveness with emerging markets.

Read News Release

About Intel

Intel (NASDAQ: INTC), a leader in the semiconductor industry, is shaping the data-centric future with computing and communications technology that is the foundation of the world’s innovations. The company’s engineering expertise is helping address the world’s greatest challenges as well as helping secure, power and connect billions of devices and the infrastructure of the smart, connected world – from the cloud to the network to the edge and everything in between. Find more information about Intel at newsroom.intel.com and intel.com.

© Intel Corporation. Intel, the Intel logo, and other Intel marks are trademarks of Intel Corporation or its subsidiaries. Other names and brands may be claimed as the property of others.