"The power of Moore's Law has enabled incredible computing innovation over the past 50 years and because of it, nearly everything in the future will have the ability to compute and connect," said Skaugen.

"Our 30-year history of collaboration with Taiwan has delivered historic innovation to the world, from personal computing to the cloud and data centers. The next 30 years will see even greater innovation as we deliver new computing experiences and bring intelligence and connectivity to the Internet of Things together."

Skaugen also said Intel will keep working on wireless solutions from data transfer to power deliver, from small bandwidth to ultra high bandwidth, the world will no longer be trapped by wire.