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Intel Is Getting Serious About Self-Driving Cars, but It's Not All Smooth Roads Ahead

Intel's (INTC) 2016 product announcements, M&A activity and layoffs have all had a grand, overarching theme to them: The chip giant no longer expects the PC CPU market to be a growth driver, and is instead focusing most of its resources on supplying processors and complementary chips for data center hardware and embedded devices.

It makes sense that this effort includes a push to grow Intel's presence within cars -- the largest embedded chip market if one excludes mobile phones, and one whose size is steadily growing thanks to several trends. But it's also a...