Intel Posts Fastest Revenue Growth in 15 Years as AI Chip Buying Shifts
Intel said revenue rose 25% in its latest quarter, helped by AI companies buying more CPUs, a sign demand is broadening beyond the usual chip hot spots.
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Intel said revenue rose 25% in its latest quarter, helped by AI companies buying more CPUs, a sign demand is broadening beyond the usual chip hot spots.
U.S. markets hovered near record territory as oil volatility, high Treasury yields and July inflation data kept investors cautious.
General Compute has secured a $400 million loan from Upper90 to fund inference-specific chips, marking a major shift in AI infrastructure financing away from traditional Nvidia GPUs.