Bloomberg Surveillance · Thursday, July 23, 2026
Intel's strength in the data center currently lies in providing standalone CPUs, which are a component in the broader systems being adopted by hyperscalers. While Intel's foundry manufactures the most CPUs, making it an attractive option for those solely seeking a CPU, this approach differs from competitors like Google and Nvidia who offer integrated systems. Analysts question if Intel can compete in this evolving landscape.
“So if you're just looking for a CPU, Intel still has that foundry where they make the most CPUs, and it makes sense for anybody to go to Intel if you're looking for systems, which is what Google said. They're selling TPU systems now, right.”
“Intel is not selling you a system, They're just selling you a chip.”
“It's still a very early stage opportunity for Intel. On the data center side, again, expectations were really rock bottom. So they came out they beat that data center number by seven hundred million. Great, But if I look at the sustainability of what you Google plans to do or what Nvidia plans to do, Intel is not in that category yet.”