Intel (NASDAQ: INTC) has seen solid growth in the recent quarters, primarily led by its Data Center Group. Having said that, the server market is slow to change unlike the consumer market, and Intel will continue to command a giant share in the foreseeable future, in our view. Expect Data Center Group To Lead GrowthTrefisData Center Group will benefit from the growth in cloud computing, which will result in greater sales of bigger, faster, and higher-end servers at the expense of cheaper ones. However, this can potentially slow down future upgrades and ultimately lead to a moderate growth in total shipments. Our price estimate of $53 for Intel is slightly below the current market price.

Source: Forbes May 23, 2018 16:18 UTC