Intel Will Benefit From Artificial Intelligence

Now that Intel Corp. (NASDAQ:INTC) has realized CPUs alone will not be enough to keep it relevant, the need to expand its offerings is at an all-time high. As demand rises for a complete internet of things (IoT) solution, Intel appears to be well positioned to make the most of this opportunity. Intel initially reported it expects its fastest-growing unit, the DCG (data center group), to register approximately 15% annual growth every year for the foreseeable future. As it stands, this feat is going to be hard to pull off considering GPUs (graphic processing units) have started taking up most of the cloud computing load, which has in turn reduced the demand for Intel’s server processors. The cloud is a concentrated market dominated by seven large companies. The DCG’s growth tends…

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