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Intel’s Surge Validates Strategic Shift | Durham News
Intel just smashed quarterly earnings with $16.1 billion in revenue—a 25% year-over-year leap, its biggest surge in 15 years. EPS nearly doubled forecasts, driven by explosive growth across data centers, client computing, and even their foundry business. AI demand is fueling a 59% jump in their server segment, with Intel now warning of a capacity crunch and expecting even stronger Q4 growth. While analysts like Goldman Sachs praise the results, they remain cautious, noting Intel’s competitors still offer a better risk-reward. Intel’s manufacturing is accelerating too, with 18A in risk…
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