11 Best Publicly Traded Cloud Computing Companies

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5. Intel Corporation (NASDAQ:INTC)

Let’s now proceed to the top five on our list of 11 best publicly traded cloud computing companies, beginning with Intel Corporation (NASDAQ:INTC), in which 62 funds held shares at the end of March, up from 58 funds a quarter earlier. With the decline of the PC market, Intel seized the opportunity and saw where businesses were moving, so it jumped in and quickly become the dominant supplier of chips for data centers that power cloud services all around the world, including those operated by Amazon, Google, and Microsoft. During the first quarter of 2017, Intel’s Data Center Group revenue went up by 6% on the year to $4.23 billion, boosted by an 18% jump registered by the cloud market segment. In addition, Intel Corporation (NASDAQ:INTC) is making strides in the Internet of Things industry.

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