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Intel Corp. Exec Seems to Admit to "Gaps" in Data Center Portfolio


Intel Corp. Exec Seems to Admit to "Gaps" in Data Center Portfolio

Chip giant Intel (NASDAQ: INTC) is the dominant player in the market for processors that go into the server market. This includes processors for traditional enterprise servers as well as for chips that go into cloud servers.

That dominance has been highly lucrative for the company, as its data center group (DCG), which generates most of its revenue from sales of such server processors, generated more than $17 billion in revenue and about $7.5 billion in operating income.

Image source: Intel.

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Source: Fool.com

Intel Corp. Stock

€18.94
0.550%
Intel Corp. gained 0.550% compared to yesterday.
Our community is currently high on Intel Corp. with 24 Buy predictions and 16 Sell predictions.
With a target price of 38 € there is potential for a 100.68% increase which would mean more than doubling the current price of 18.94 € for Intel Corp..
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