AllAnalyst Report
logoMorningstarJuly 24, 2021

Intel Corporation: Intel Continues to Enjoy Robust PC Demand in Q2, Though Data Center Pricing Pressure Remains

Symbols
INTC
Sector(s)
Technology
Rating
Current Price
$34.20
Fair Value
Economic Moat
Stewardship
Summary

Intel is the world's largest chipmaker. It designs and manufactures microprocessors for the global personal computer and data center markets. Intel pioneered the x86 architecture for microprocessors. It was the prime proponent of Moore's law for advances in semiconductor manufacturing, though the firm has recently faced manufacturing delays. While Intel's server processor business has benefited from the shift to the cloud, the firm has also been expanding into new adjacencies as the personal computer market has stagnated. These include areas such as the Internet of Things, ar

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Analyst Profile

Abhinav Davuluri

Sector Strategist
Abhinav Davuluri, CFA, is a sector strategist for Morningstar Research Services LLC, a wholly owned subsidiary of Morningstar, Inc. He covers microprocessors, wafer manufacturing equipment, and other companies in the semiconductor space.Before joining Morningstar in 2015, Davuluri spent two years as a process engineer for Intel.Davuluri holds a bachelor’s degree in chemical engineering from the University of Michigan. He also holds the Chartered Financial Analyst® designation.