Intel plan to double in value by 2021

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Hawthorn Farm Campus Intel Oregon 440

Datacentre and memory are the areas which will propel this growth, according to Swan.

The growth in market cap will also be driven by constant cost-cutting.

The plan envisages that Intel’s datacentre business will grow 10% annually till 2021, its memory business will grow 33% annually and its IoT business will grow 13% annually. PC is expected to shrink 1% annually.

These growing sectors will increase Intel’s market cap at a CAGR of 11% over the 2016-2031 period.

Intel’s share proce has grown 22% over the last two years – although the SOX has grown 80% in that time.

Intel expects to continue to cut headcount, last year it lost 15,000 jobs.

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