Posted 1/25/2024, 5:17:00 PM
Intel Earnings Loom as Investors Hope for AI Growth Despite Data Center Slowdown
- Intel's upcoming earnings expected to discuss PC, data center, and AI trends as stock has rallied 50%+ recently
- Consensus forecasts call for 28% growth in client computing revenue and 5% decline in data center/AI
- Watch for commentary on potential downside risk to bullish $7.7B PC sales expectations
- AI PCs seen as well-positioned for growth in client-side inference workloads
- This considered a "make or break" year regarding Intel's AI narrative and revenue pipeline