Intel will not bring a discrete graphics product to market, at least in the short-term.

After the company missed some some key product milestones last December, it remains focused on processor graphics, claiming that media/HD video and mobile computing are the most important areas to focus on moving forward.

Intel's current 2010 Intel Core processors integrate what the company calls Intel HD Graphics, offering a graphics a solution for the vast majority of users. Intel's CPUs also offer new features, such as Wireless Display right to your TV. Intel?s processor graphics will continue to be enhanced in the 2011 Intel Core processor family, code-named Sandy Bridge.

Intel began integrating graphics inside its chipsets back in 1999 (and now integrate graphics inside its processor products), the majority of PC users are now using integrated solutions.

Intel now says that its first priority is to be around delivering a processor that addresses every day, general purpose computer needs and provides leadership visual computing experiences via processor graphics.

The company is also executing on a business opportunity derived from the Larrabee program and Intel research in many-core chips. This server product line expansion is optimized for a broader range of highly parallel workloads in segments such as high performance computing. Intel VP Kirk Skaugen will provide an update on this next week at ISC 2010 in Germany.

Intel also plans to continue with ongoing Intel architecture-based graphics and HPC-related R&D and proof of concepts.