Intel CEO Brian Krzanich, he of the conveniently well-timed stock sale, has told investors that the company has solutions to the Spectre and Meltdown vulnerabilities - and they will be launched this year.
Krzanich made the announcement in a call with investors after Intel released its Q4 financial results.
Intel exhibited excellent growth in the last quarter of 2017, with record quarterly and full-year revenue of $17.1 billion and $62.8 billion, respectively.
The company's data-centric operations are obviously proceeding well, with its revenue in this space up 21 per cent in Q4, compared to an overall eight per cent rise. Krzanich said, "The strategic investments we've made in areas like memory, programmable solutions, communications and autonomous driving are starting to pay off and expand Intel's growth opportunity."
Performance on the PC side of the business was less impressive, with quarterly revenue falling two per cent YoY to $9 billion. Full-year revenue was up a modest three per cent.
Krzanich acknowledged that software tweaking was not going to be enough to address the flaws, and said that new architecture is on its way:
"We're working to incorporate silicon-based changes to future products that will directly address the Spectre and meltdown threats in hardware," he said. "And those products will begin appearing later this year."
The Spectre and Meltdown vulnerabilities were outed by Google last year, but only made public this month. Because of a flaw in current chip architecture, sensitive information like passwords could be revealed to other users on the same machine; even if that is a virtual one in the cloud.
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