Intel Corporation Talks Xeon Scalable Ramp-Up
Earlier this month, chip giant Intel (NASDAQ: INTC) introduced its Xeon Scalable processor family for data center applications. Intel seems extremely proud of this new family of chips, marketing it as the "industry's biggest platform advancement in a decade."
On the company's July 27 earnings call, management provided some insight into the customer reception for this product as well as how investors should expect shipments of the product family to ramp up over time.
Image source: Intel.
Source: Fool.com
Intel Corp. Stock
€18.38
-6.610%
Our community is currently high on Intel Corp. with 22 Buy predictions and 16 Sell predictions.
With a target price of 38 € there is potential for a 106.79% increase which would mean more than doubling the current price of 18.38 € for Intel Corp..
