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Intel's Earnings Report Shows How the CPU Has Found Its Way to the AI Boom. [Globe and Mail, The (Toronto, Canada)]
Last intel corporation earnings: 4/23 04:07 pm
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US:NASDAQ Investor Relations: intc.com/investor-relations/default.aspx
The stock has already had a huge run this year. Shares of Intel (NASDAQ: INTC) surged in extended trading Thursday after the semiconductor company reported first-quarter results that were far better than Wall Street expected. For a company that has spent years trying to regain credibility with investors, this was an important update -- one that is driving home a new bull case for the stock. Will AI create the world's first trillionaire? Our team just released a report on the one little-known company, called an "Indispensable Monopoly" providing the critical technology Nvidia and Intel both need. Continue » What is this bull case? The central processing unit (CPU), a chip type Intel has long dominated, may have a more important role in the artificial intelligence (AI) boom than many investors previously thought. Image source: Getty Images. A stronger quarter Intel's first-quarter revenue rose 7% year over year to $13.6 billion, easily ahead of the midpoint of management'
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- Intel just cleared its dot-com-era ceiling after earnings: Chart of the Day [Yahoo! Finance][Yahoo! Finance]
- Intel (INTC) was upgraded by Evercore Inc from "positive" to "outperform".[MarketBeat]
- Intel (INTC) had its "hold" rating reaffirmed by Jefferies Financial Group Inc..[MarketBeat]
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