Intel to report first quarter earnings as CPUs become key to AI growth [Yahoo! Finance]
Intel Corporation (INTC)
Last intel corporation earnings: 4/23 04:07 pm
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Source: Yahoo! Finance
Intel missed out on the initial AI boom due to its lack of chips capable of running AI models as well as those from Nvidia ( NVDA And while Nvidia took full advantage of its AI chip lead, transforming itself into a nearly $5 trillion company, Intel is finally on the cusp of grabbing its own piece of the AI bonanza. That's because as AI agents, semi or fully autonomous AI bots that can perform tasks on users' behalf, continue to become more popular, central processing units (CPUs), like the ones Intel makes, are becoming increasingly important to data center companies and hyperscalers. The reason? While AI models still largely run on GPUs or similar offerings from Amazon ( AMZN ) or Google ( GOOG GOOGL ), the tasks that AI agents perform, such as browsing websites or searching for data in spreadsheets, rely on CPUs. And that's making the humble chip far more popular. For Q1, Intel is expected to report earnings per share (EPS) of $0.01 on revenue of $12.36 billion, according
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