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3 Things Intel Corp.'s Data Center Chief Wants You to Know


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.

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Source: Fool.com

Intel Corp. Stock

€29.54
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Intel Corp. gained 0.840% compared to yesterday.
Our community is currently high on Intel Corp. with 26 Buy predictions and 13 Sell predictions.
With a target price of 40 € there is a positive potential of 35.43% for Intel Corp. compared to the current price of 29.54 €.
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