Maxim Group's Ashok Kumar sees big things for Intel's (INTC) "Romley" Xeon server CPUs. Kumar,...

|About: Intel Corporation (INTC)|By:, SA News Editor

Maxim Group's Ashok Kumar sees big things for Intel's (INTC) "Romley" Xeon server CPUs. Kumar, who's starting coverage on Intel with a Buy and $33 PT, expects Romley demand will get a lift from virtualization, which is leading enterprises to consolidate server loads onto more powerful machines. Meanwhile, UBS thinks the data center boom could boost Intel's 2012 earnings.