Intel Corporation Benefiting From the Memory Boom
Anybody following the semiconductor industry probably knows that the market for memory products -- that is, both NAND flash memory (used for high-speed mobile, PC, and data-center storage) and DRAM (used in just about anything that can be called a computer) -- has been positively booming.
Chip companies whose core businesses are memory-based are seeing significant revenue growth and gross profit margin expansion, thanks to high demand for such products and a tight supply environment.
Image source: Intel.
Source: Fool.com
Intel Corp. Stock
€28.72
0.510%
Currently there is a rather positive sentiment for Intel Corp. with 25 Buy predictions and 11 Sell predictions.
As a result the target price of 42 € shows a positive potential of 46.24% compared to the current price of 28.72 € for Intel Corp..
