Chip giant Intel has announced an expanded lineup of hardware, software and solutions for network infrastructure to focus on a bigger pie of the growing 5G networking market. The next wave of network transformation represents a $25 billion silicon opportunity by 2023, as the telecommunications industry transitions to 5G. 

"When you consider the collective impact of the proliferation of fully virtualized cloud architectures combined with the commercialization of 5G, the rise of AI and the growth of the edge, it truly has a multiplier effect that makes each more impactful than it would be on its own," said Dan Rodriguez, Intel corporate vice president and general manager of the Network Platforms Group.

"It's an enormous opportunity for us and our customers to not only deliver new experiences but transform entire industries".

Driven by the need to deliver both network services and new AI-based edge services across multiple network locations, the next wave of network transformation is further fueled by 5G. 

While enabling quicker deployment across core, access and edge,  Intel said its full suite of feature-rich silicon, software and tools and experience will significantly support customers' transformed networks. 

"It offloads and accelerates the computing-intensive process of forward error correction. This frees up more processing power within Intel Xeon processors for channel capacity and edge-based services and applications," the company said. "The 3rd Generation Intel Xeon Scalable processors will ship to customers at the end of the year."