Intel’s data centre business slows

Stefan Mileschin · 24th July 2016, 18:39

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, 18:39	#1
Stefan Mileschin [M] Reviewer Join Date: May 2010 Location: Romania Posts: 144,227	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

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