Intel (Nasdaq: INTC) Stock Up as Shift from PCs Bears Fruit

The post Intel (Nasdaq: INTC) Stock Up as Shift from PCs Bears Fruit appeared first on Money Morning - We Make Investing Profitable by David Zeiler Intel Corp. (Nasdaq: INTC) stock rose as much as 4.5% Wednesday after the chipmaker's Q1 earnings showed double-digit growth in its data center business. That's just what investors wanted to see, as the PC and mobile chip division, now combined into something Intel calls its Client Computing Division, saw revenue decline 8% year over year. INTC stock rose as high as $32.94 in mid-day trading. The Q1 Intel earnings provided plenty of evidence that Intel's transition to newer businesses is working... Tags: intc earnings , intc stock , INTC stock price Intel earnings , intel stock , intel stock price To get full access to all Money Morning content, click here About Money Morning: Money Morning gives you access to a team of ten market experts with more than 250 years of combined investing experience – for free . Our experts – who have appeared on FOXBusiness, CNBC, NPR, and BloombergTV – deliver daily investing tips and stock picks, provide analysis with actions to take, and answer your biggest market questions. Our goal is to help our millions of e-newsletter subscribers and Moneymorning.com visitors become smarter, more confident investors. Disclaimer: © 2015 Money Morning and Money Map Press. All Rights Reserved. Protected by copyright of the United States and international treaties. Any reproduction, copying, or redistribution (electronic or otherwise, including the world wide web), of content from this webpage, in whole or in part, is strictly prohibited without the express written permission of Money Morning. 16 W. Madison St. Baltimore, MD, 21201. The post Intel (Nasdaq: INTC) Stock Up as Shift from PCs Bears Fruit appeared first on Money Morning - We Make Investing Profitable .