Intel COO Brian Krzanich this week that the company has quickly reworked its fabrication facilities to prep for building tablet chips.

"We will start to see more and more of our capacity and our output go to things that are mobile, like phones and tablets and other devices," Krzanich told Reuters.

While industry analysts say it's a good move for Intel to move into the tablet market, it's going to be more important for the chip maker to gain ground in the .

"Mobile devices -- outside of the traditional laptop -- are a critical segment for Intel," said Dan Olds, an analyst with The Gabriel Consulting Group. "While there are hundreds of millions of traditional x86 PC and server chips sold every year, the volume for ARM chips -- the typical smartphone and tablet processor -- is in the billions and growing at a much faster rate. Intel still has a lock on PCs and servers, but barely has any presence in smartphones and is just now gaining a toehold in tablets."

While it's smart for Intel to move into the mobile market, the issue with the hot tablet market is that much of activity there surrounds Apple's iPad. With the iPad making up so much of that market, there isn't a big need yet for an Intel tablet chip.