Intel’s data centre business slows

Stefan Mileschin · 24th July 2016, 19:39

Chipzilla produced a better than expected quarterly profit, however analysts are a bit worried about a slower than normal revenue growth for its data centre business.

If the outfit’s cunning plan to be less dependent on PCs succeeds then data centres should be front and centre but it seems that Chipzilla’s data centre business is shrinking.

It seems that there was generally weak demand from enterprises, causing revenue at the highly-profitable unit to rise five percent to $4 billion. Part of the problem was that Chipzilla did so well inthe last quarter and increased business in this area by nine percent and this makes its growth this quarter look a bit sad.

Intel’s finance chief Stacy Smith said that as Intel enters the second half, he expect the enterprise segment of the business to stabilise and the cloud segment growth rate to accelerate.

http://www.techeye.net/business/inte...business-slows

24th July 2016, 19:39	#1
Stefan Mileschin [M] Reviewer Join Date: May 2010 Location: Romania Posts: 145,215	Intel’s data centre business slows Chipzilla produced a better than expected quarterly profit, however analysts are a bit worried about a slower than normal revenue growth for its data centre business. If the outfit’s cunning plan to be less dependent on PCs succeeds then data centres should be front and centre but it seems that Chipzilla’s data centre business is shrinking. It seems that there was generally weak demand from enterprises, causing revenue at the highly-profitable unit to rise five percent to $4 billion. Part of the problem was that Chipzilla did so well inthe last quarter and increased business in this area by nine percent and this makes its growth this quarter look a bit sad. Intel’s finance chief Stacy Smith said that as Intel enters the second half, he expect the enterprise segment of the business to stabilise and the cloud segment growth rate to accelerate. http://www.techeye.net/business/inte...business-slows

Similar Threads
Thread	Thread Starter	Forum	Replies	Last Post
Africa’s largest data centre built in Johannesburg	Stefan Mileschin	WebNews	0	6th March 2016 12:16
Karma slows down unlimited speeds to deal with data hogs	Stefan Mileschin	WebNews	0	11th January 2016 07:11
Russia puts nukes into data centre	Stefan Mileschin	WebNews	0	30th November 2015 11:48
World faces Zombie data centre crisis	Stefan Mileschin	WebNews	0	23rd June 2015 07:10
Chinese laws rattle US data centre firms	Stefan Mileschin	WebNews	0	15th April 2015 05:55
Researchers revamp MPC to keep spies out of your data centre	Stefan Mileschin	WebNews	0	11th September 2013 08:53
NSA's Utah data centre capacity estimated	Stefan Mileschin	WebNews	0	26th July 2013 08:51
Facebook tipped to be mystery mega data centre buyer	Stefan Mileschin	WebNews	0	23rd April 2013 07:23
Data centre ships go the way of the Marie Celeste	Stefan Mileschin	WebNews	0	9th July 2012 13:56
HP attempts to build zero net energy data centre	Stefan Mileschin	WebNews	0	1st June 2012 07:38