Intel Beats Forecasts on AI Chip Demand Surge
Intel forecast quarterly profit and revenue above Wall Street estimates, driven by a surge in demand for central processing units from the artificial intelligence data center buildout, according to Reuters reporting by Anhata Rooprai and Stephen Nellis. The company expects third-quarter revenue between $15.8 billion and $16.8 billion, outpacing the average analyst estimate of $15.1 … Read more