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Intel Rallies Ahead of Earnings. Here's What Analysts Are Saying That's Boosting the Stock. [Yahoo! Finance]
Last apple inc. earnings: 4/30 04:30 pm
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US:NASDAQ Investor Relations: investor.apple.com
Wednesday's rise brought Intel's stock to its highest level in four years. Intel's stock has been on a tear lately, as expectations grow ahead of the chipmaker's quarterly results due after the closing bell Thursday The shares jumped nearly 12% amid a broad market rally to close above $54 Wednesday, extending the stock's recent gains as several Wall Street analysts pointed to signs of better-than-expected demand for the company's AI products. HSBC, KeyBanc, and Wedbush told clients this week that they see Intel's ( INTC ) outlook and results beating consensus projections, driven by stronger-than-expected sales of its server CPUs used in data centers. KeyBanc also voiced more optimism about Intel's ability to win Apple ( AAPL ) as a foundry customer, after months of rumors that the iPhone maker could become a new client. A strong showing from Intel's results Thursday could help reinforce confidence in Intel's stock. Despite recent gains, the shares remain off their highs ami
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