Investing.com - Intel (NASDAQ:INTC)'s share of the booming server market will decline this year, according to one Wall Street firm, which lowered its price target on the stock as a result.Northland Capital Markets slashed its price forecast 15% and also lowered its rating from perform to underperform.The firm says Intel will lose business to industry rivals AMD and NVIDIA (NASDAQ:NVDA).That's because more servers are starting to use GPU and ASIC chips made by AMD and NVIDIA, rather than Intel's CPU chips.The change is a result of the broader move toward artificial intelligence.Northland predicts Intel's sales growth will slow dramatically between the second and fourth quarters of this year.Intel shares have gained about 50% in the past 12 months.
