MarketPR
A Wells Fargo reading of Intel's (INTC) most recent 10-Q identifies an increase in server prices alongside higher gross margins in the chip maker's data center segment.
The analysis, drawn from the quarterly filing, puts Intel's data center trajectory back in focus; the next confirmable read comes with the subsequent 10-Q.
The Wells Fargo read Wells Fargo's analysis of the 10-Q points to two directional moves within Intel's data center business: server prices moving higher and gross margins following in the same direction.
The summary carries no specific figures, but the directional signal matters to a market that has spent considerable time questioning whether Intel's data center unit can sustain improvement in a competitive field.
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