Intel Projects $200 Billion Server CPU Market Opportunity and Guides Q4 Revenue Between $15B-$16B
Intel (INTC) reported strong performance in its Data Center and AI (DCAI) segment during the third quarter, achieving its highest revenue growth for that division in 15 years. Management noted a more balanced demand environment compared to previous quarters, driven largely by momentum in AI-related infrastructure. Looking ahead, Intel projects the Total Addressable Market (TAM) for server CPUs to exceed $200 billion over the next five years. For the fourth quarter, the company provided revenue guidance in the range of $15 billion to $16 billion.
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