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.