Intel gives strong AI-fuelled sales forecast, sending shares soaring
Upbeat outlook suggests that CEO Tan Lip-Bu is making progress on a challenging comeback plan.
Intel shares soar on AI demand
- Intel soars on signs AI boom for CPUs is here CTV News —
- Intel shares jump 20% on data center plans Semafor —
- 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 forecasts Q2 revenue above estimates, shares up 19% RTE —