3 Things Intel Corp.'s Data Center Chief Wants You to Know
Chipmaker Intel (NASDAQ: INTC) is betting big on its data center group (DCG), which sells processors and other components that power most of the world's data centers, to be its revenue and profit growth engine in the years ahead.
Considering just how important this business, which generated more than $17 billion in sales and $7.5 billion in operating income last year, is to Intel's future, investors are naturally quite interested in understanding the company's long-term strategy here.
Image source: Intel.
Source: Fool.com
Intel Corp. Stock
€17.29
1.480%
Currently there is a rather positive sentiment for Intel Corp. with 28 Buy predictions and 15 Sell predictions.
Based on the current price of 17.29 € the target price of 38 € shows a potential of 119.81% for Intel Corp. which would more than double the current price.
