Speaking in Taiwan on the first day of Computex, Asia's largest tech show, new Intel president Renee James said the firm's PC business was "going well" - but that personal computers would evolve into new forms.
"We do see signs of PC stabilisation globally," added senior vice president Kirk Skaugen.
"From both a consumer and a corporate perspective things are better - in some of the areas where we've seen negative growth, like Russia, we're even seeing some recovery there."
Whether personal computers can survive in an increasingly mobile world has been a key question at Computex.
A number of leading players have introduced new 2-in-1 devices - a cross between a tablet and a laptop, with a detachable keyboard - as a potential replacement for the traditional PC.
"Really these converged-type devices are the new PC," Paul Spain of New Zealand Tech Podcast told AFP at the four-day event in the capital Taipei.
"And maybe one day, in the not too distant future, your phone will be your PC," he said.
"With Intel having processors inside smartphones it's quite possible that will happen."
Others argue that consumers will continue to demand a full range of machines for different uses, including desktops.
"There are some things that desktops still offer, such as easy-to-upgrade components and generally lower costs compared to portable machines - especially when it comes to niche uses like gaming and intensive video-editing," Singapore-based tech blogger Alfred Siew said.
With the evolution of cloud services which share data between multiple devices, having more than one machine is less of a disadvantage, he added.
While Intel voiced optimism for the PC's future, James acknowledged its machines would have to be "smaller, thinner, lighter" in order to sell.
She unveiled Intel's CoreM processor during a keynote speech at Computex today, with designs using the new chip promising both "a lightning-fast tablet and a razor-thin laptop".
James gave a fleeting glimpse of the firm's future plans at the end of her speech in a video which included a smartwatch, face recognition technology and 3D camera software, saying those offerings would be refined further within the next two years.