Intel: Server Strength Could Easily Offset A Weak PC Quarter In Q3

Intel Corporation maintains a Buy rating, with conviction rising as the stock trades near $87 ahead of Q3 earnings. Recent INTC stock volatility was driven by sector sentiment and competitive headlines, not by changes in Intel's fundamentals or earnings outlook. Server segment strength—48% ASP growth and 61% revenue gain—offsets PC weakness; volume growth is the next key lever.