1 Thing This Intel Corporation Analyst Is Worried About
Analyst Matthew Ramsay (via Barron's) recently offered some thoughts on chipmaker Intel (NASDAQ: INTC) and, specifically, its data center group (DCG), following a "lunch discussion" with investors:
During the lunch discussion, we posed the question to the room as to "who believed or had strong conviction Intel could reaccelerate DCG growth back into the double-digits following the Purley platform launch?"
Apparently, Ramsay got "zero hands," which he reportedly said served to illustrate the "skeptical sentiment regarding Intel's datacenter growth prospects amidst new competition" from both direct competitors in the server CPU market as well as indirectly from vendors of specialized accelerators that can be much more efficient than traditional CPUs for some tasks.
Source: Fool.com
Intel Corp. Stock
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