Intel is Making Massive Moves Toward Artificial Intelligence Tech (INTC)

Intel Corp. (NASDAQ:INTC) is set on dominating markets that are bound to become massive cash mines in the future. There is significant growth expected from its Data Center business. The company recently announced it would dedicate $250 million to the development of self-driving car systems. The chip maker is also gunning to secure a stronghold in the development of Artificial Intelligence (AI) technology. Analysts are confident about Intel’s capacity to rake in the IoT segment in the process.For years, PCs have been Intel’s workhorse market. However, the company has made obvious and aggressive investments in emerging technology. These promise to push its boost top-end growth in the near-term. As the chip-making giant’s personal computer business loses momentum, new ventures take center stage. Intel Corp. recently announced a range of technologies,…

Link to Full Article: Intel is Making Massive Moves Toward Artificial Intelligence Tech (INTC)

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