Out of Favor but Undervalued: Intel's Supply Update Should Assuage Concerns Over Chip Titan's Demise
On Sept. 28, Intel provided an update to address the recent reports of PC chip shortages that have been permeating the semiconductor space and causing concerns for investors in the wide-moat behemoth. In the release addressed to customers and partners, interim CEO Bob Swan noted that supply is especially tight in the entry-level PC market, as 2018 is probably set to be the first year of growth in the PC market since 2011, and Intel's vast manufacturing network has been prioritizing higher-value ...Intel is a data-centric company. The company's operating segments are: Data Center Group, which develops platforms for compute, storage, and network functions; Internet of Things Group, which facilitates its customers creating, storing, and processing data; Mobileye, which provides assistance and automation solutions; Non-Volatile Memory Solutions Group, which provides memory and storage products based on Intel? Optane? technology and Intel? 3D NAND technology; Programmable Solutions Group, which provides programmable semiconductors; and Client Computing Group, which connects people to data, allowing each person to focus, create, and engage in ways that unlock their individual potential.
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