AI boom propels Intel to its strongest quarterly results since 2011

Powered by strong growth in infrastructure for AI, Intel recorded its fastest quarterly revenue growth since 2011. The company’s financial results for the second quarter beat analysts’ forecasts: adjusted earnings per share came in at 42c, compared with the expected 21c. Revenue reached $16.1 billion (€14.1 billion), exceeding LSEG’s estimate of $14.42 billion (€12.7 billion [&hellip The post AI boom propels Intel to its strongest quarterly results since 2011 appeared first on...