Developments in photonics, nano technology, molecular chips etc are still in the realm of university research. They are yet to become commercially viable propositions, he added. Intel CEO also said there is still a long life for the 32 bit Intel architecture. It is going to be a co-existence between 32 bit and 62 bit systems for quite sometime, he said.
On the revival of global economy Dr Barret felt resumption of economic growth is liklely to take place in 2003. There is a slight improvement in the US economy followed by Europe and Japan.
The improvement in the US economy at present is consumer driven and once these get translated into corporate profit, investments will come to the IT sector, he said.
Dr Barret also made it clear that the investment plans of Intel in India and elsewhere depends on the contigency of the economic recovery.
On various reports from Delhi projecting an investment between $100-200 million by Intel in the country, Dr Barret said the company has not made any announcements in this reagrd.
It was a government announcement, Dr Barret said However, he said Intels investment decision was always guided by the business enviornment. On the discussions between him, Prime Minister AB Vajpaye and IT minister Pramod Mahajan, Dr Barret said it centred around on points how to chart out a IT-driven growth trajectory.