Intel's data center and AI revenue jumps 22% as quarterly sales top Wall Street estimates
Quartz
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The chipmaker posted $13.6 billion in Q1 revenue, well above analyst expectations of $12.36 billion, and guided Q2 above forecasts
Intel Shares Soar on AI Outlook
- Intel forecasts Q2 revenue above estimates, shares up 19% RTE —
- Intel shares jump 20% as it predicts revenue surge from AI data centres Irish Times —
- Intel CEO Lip Bu Tan crushed Wall Street targets on his 1-year anniversary: We are embracing our ‘paranoid’ roots Fortune —
- Intel gives strong AI-fuelled sales forecast, sending shares soaring The Straits Times —
- Intel surges as Q1 results, guidance blow past Wall Street's forecast Seeking Alpha —