The server market has helped drive Intel's ( INTC) exceptional revenue and margin performance of late. As the economy recovers, more companies are upgrading their data centers with Intel's high-end server products. Based on these trends, we have increased our Intel price estimate from $23.37 to $24.78. This forecast reflects our cautious view of Intel's growth prospects after this year, which are constrained by competition from rival AMD's ( AMD) relatively cheaper and less power-hungry servers. But if demand for high-end servers remains strong going forward, we see an additional upside of 4% to 5% to Intel's stock price over the Trefis forecast period. Our analysis follows below.