This is truly the most biased and inaccurate article I have read for some time. This author has conveniently left out so many things:
Intel's Foundry. It is a huge facility, capable of making huge numbers of chips of all kinds, not just for themselves, but they will end up upstaging TSM, who can't supply enough product, and are so behind in their ability to make the latest chips, such as the 18 & 16 nm Intel is doing or about to do.
Intel's PC% of its business is being reduced as I write. They have made acquisitions and partnerships with other companies, and, as a result, have their fingers rapidly digging into many other areas of technology; their server expansion just one.
Yes, it will be more towards the end of the year, but the new CEO is pushing the deadline up as quickly as he can, and I wouldn't be surprised if major changes in the whole company's offerings and structure will happen in the next couple of months.
It is the market's wrong perception that is holding the stock price from zooming up.