Intel came to dominate computing by consistently beating others at packing transistors ever more densely onto chips for desktop computers and servers. Today, even as the PC market shrinks and the giant company struggles to convince phone and tablet makers to use its chips, Intel spends $10.1 billion on research annually. Justin Rattner, who has been the company’s CTO, recently met with Tom Simonite, MIT Technology Review’s senior IT editor, to argue that this investment will help Intel’s mobile chips overtake those of its competitors and create new businesses. Last Thursday, Rattner announced he was stepping down as Intel’s CTO to take personal leave. He plans to return to the company in a different position.

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