RBC Capital Markets Issues Outlook on Intel's 2027 Growth
RBC Capital Markets reported that Intel's management expects 2027 to be a growth year, driven by data-center strength that is projected to offset PC market weakness.
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Western Digital stock rises 3% premarket as memory-sector optimism and a broader tech rally lift investor sentiment.
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RBC Capital Markets reported that Intel's management expects 2027 to be a growth year, driven by data-center strength that is projected to offset PC market weakness.
Nancy Pelosi disclosed a new stock transaction, which could be her last trade made while in congress.
DataKrypto has announced a collaboration to integrate its FHEnom for AI encryption technology with Intel's Xeon processors, TDX, and GPU-D series to enhance security for enterprise and sovereign AI infrastructure.
AMD is outpacing Intel in the AI chip market with 97% year-over-year data center revenue growth compared to Intel's 78%. AMD expects data center revenue to more than double in 2027 with 80%+ overall revenue growth, significantly outpacing Intel's 13% guidance. Despite trading at similar valuations, AMD's projected 118% EPS growth in 2027 versus Intel's 20% makes it the better investment choice.
The article compares Qualcomm and Western Digital as infrastructure-focused tech stocks for 2027. Qualcomm dominates mobile chipsets with a 31.6% net margin but faces customer concentration risk with Apple and Samsung. Western Digital benefits from cloud storage demand with an exceptional 72.9% net margin but is heavily dependent on three major cloud customers. The author recommends Qualcomm over Western Digital, citing concerns that data storage markets are cyclical and currently trading at inflated valuations driven by AI hype.