Intel’s Revenues Soar, Aided by A.I. Boom
Source: New York Times
Intel posted blowout financial results on Thursday, a sign that the long-suffering chip maker is finally reaping substantial benefits from the artificial intelligence boom.Revenue in the first quarter rose 7 percent to $13.6 billion, the Silicon Valley company said, more than $1 billion higher than Wall Street expected. Intel’s projection for sales in the current quarter also beat prior estimates by a wide…
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