Intel Corporation (NASDAQ:INTC) is getting back in business and many investors and analysts are giving a BUY rating to the chipmaker. Data center growth is the primary aspect of Intel Corporation (NASDAQ:INTC)’s business. Cloud, server and internet of things business is expanding around the world. Intel Corporation (NASDAQ:INTC) being the leader in chip making business can inculcate all these increasing opportunities for its business growth.
Global data center traffic is going to triple in the coming months and the Cloud driven traffic over the web will touch four times its present growth. An article on Fool said that this is the best time to buy Intel Corporation (NASDAQ:INTC) because of these reasons.
The source said that Intel Corporation (NASDAQ:INTC) has the real problem in mobile business, but that too are going to deplete because the rumors are now suggesting that Intel will power the upcoming iPhones. If Intel Corporation (NASDAQ:INTC) could get a deal with Apple, this can be a game-changer for the company. Intel is also trying to enter the Asian market. Asian markets can give Intel Corporation (NASDAQ:INTC) a unique and strong stream of revenue to move forward.
Intel Corporation (NASDAQ:INTC) has already issued a warning that PC business is one the decline in the market because of the fact that industry is not upgrading the PC lines. The source said that currency problems, PC business and some other reasons were behind the Intel Corporation (NASDAQ:INTC) decline, but these things can easily be improved in the coming months.
The source said that Intel Corporation (NASDAQ:INTC) is down but not out of the business and it will come back with strong numbers.
As of June 30, 2014, Ken Fisher’s Fisher Asset Management owns over 18 million shares in Intel Corporation (NASDAQ:INTC).
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