Intel, U.S. stock market
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Intel shares were up sharply in premarket trading Friday after the chip maker reported strong first-quarter results.
Intel reported a big first quarter of revenue led by fresh AI demand for its CPUs. The company also delivered a big forecast for the current quarter.
Intel reported strong adjusted earnings per share, revenue, and forward guidance in its first-quarter earnings report.
By Aditya Soni and Rashika Singh April 24 (Reuters) - Demand for Intel's central processors from firms offering AI services was so strong in the first quarter that it sold even chips it had originally written off,
The chipmaker’s shares, in the midst of a yearslong turnaround, matched a 26-year high earlier this month.
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Advanced Micro Devices stock gets upgraded to buy. Why it’s the big winner of Intel earnings.
D.A. Davidson upgrades Advanced Micro Devices stock to Buy from Neutral following a blockbuster earnings report from rival Intel.
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Here's how much the US government has made on its Intel investment after the latest big stock rally
The government, which took a nearly 10% stake in Intel last August, has seen gains on paper of $27 billion following the big post-earnings rally.