Intel Soars After AI Data Center Gains Bolster Sales Forecast
Intel shares rose following a revenue forecast that exceeded analyst expectations, signaling a potential recovery driven by increased spending on data center infrastructure. The performance suggests that the company is successfully capturing demand within the expanding artificial intelligence hardware market.
Covered by 3 sources
- BBloomberg Technology↗Ian KingJul 23
- RReuters↗Jul 24
- FFierce Network↗Jul 23