Intel expects data center revenues to have double-digit growth in the next three years as the overall data center demand picks up. Intel will likely face competition from Advanced Micro Devices, which is launching its 7nm Rome server CPU this quarter. Intel’s 10nm server CPU probably won’t be launched before 2020.

Intel’s CEO, Bob Swan, aims to get Intel back in the technology lead. The company is undertaking a costly technology transition, which could put pressure on its gross margin in the next three years.