Intel's expected in-line earnings are overshadowed by challenges in the data center sector, primarily due to competition from AMD. The company's restructuring efforts, including workforce reductions and dividend suspension, indicate preparation for future challenges. The analyst's Sell rating and price target of $17 suggest a negative short-term outlook.

AMD's increasing market share in the data center sector is a significant factor in Intel's current challenges. This trend is likely to benefit AMD in the short term as Intel restructures to address these competitive pressures.