> This is a controversial opinion, but I don't agree with the idea that big corporations should make an entry into every single adjacent market. If the company has core expertise and advantages that can deliver a decisive win in a known-lucrative market, then it's a no brainer. But if that's not the case, why run around chasing shadows everywhere, instead of focusing on harvesting the markets where you're already winning.

The risk is that a competitor comes out of these adjacent markets and edges you out. That's what's looking likely to happen with ARM, which is slowly moving from embedded / cellphone to laptops and servers.