Intel Corp. Seems to Be Expecting Server CPU Market Share Loss
At a recent investor conference, the CFO of chip giant Intel (NASDAQ: INTC) offered up some perspective about the company's long-term growth prospects.
Intel operates in many different segments, but the company has made it clear over the past year or so that it expects its data-center group (DCG) to be its primary growth driver in the years ahead. DCG makes most of its money selling processors and other related components into the server market, which includes chips for both enterprise and cloud servers.
Image source: Intel.
Source: Fool.com
Intel Corp. Stock
€30.83
-4.120%
Currently there is a rather positive sentiment for Intel Corp. with 26 Buy predictions and 17 Sell predictions.
As a result the target price of 36 € shows a slightly positive potential of 16.77% compared to the current price of 30.83 € for Intel Corp..
