Why Intel Corporation Is Expecting Another Slow Year for Its Data-Center Group

In the past, the company had set a long-term revenue compounded annual growth rate in this business of 15%, although the company has clearly been unable to hit that target over the past couple of years, recording around 11% growth in 2015 and 8% growth in 2016. Heading into 2017, Intel is now expecting revenue growth in the “high single digits” for DCG — well below its previous 15% target, and even lower than the more relaxed “double-digit growth” goal that management has referred to in the past and now appears to aspire to for the future.