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How Intel Corporation Can Revive Desktop Chip Sales


How Intel Corporation Can Revive Desktop Chip Sales

Last quarter, Intel's (NASDAQ: INTC) Client Computing Group (CCG), which mainly relies on sales of chips into personal computers, was the star of the show. It delivered 12% year-over-year revenue growth, outpacing its Data Center Group (DCG), which has long been viewed as the company's long-term growth engine.

That growth was essentially entirely driven by the company's notebook chip business. Intel reported that its notebook platform volumes surged 14% year-over-year. Amplifying that unit improvement was a 6% surge in notebook platform average selling prices.

Image source: Intel.

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Source: Fool.com

Intel Corp. Stock

€28.70
0.860%
Intel Corp. gained 0.860% compared to yesterday.
Our community is currently high on Intel Corp. with 25 Buy predictions and 11 Sell predictions.
With a target price of 42 € there is a positive potential of 46.37% for Intel Corp. compared to the current price of 28.7 €.
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