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Intel shares jump as AI demand lifts results and forecasts signal recovery

Technology
Published on 24 April 2026
Intel shares jump as AI demand lifts results and forecasts signal recovery

Loss reported, but revenue climbs—and guidance points up

Intel’s shares surged after the US chipmaker beat earnings expectations, offering a potential turnaround. Even as it posted a reported loss, revenue rose and management signaled further growth ahead. CEO Lip-Bu Tan tied the momentum to the AI revolution, citing strengthening demand for Intel processors, including for local network processing.

  • Intel stock jumped after beating earnings expectations
  • Reported loss came alongside rising revenue and upbeat guidance
  • AI-driven demand is boosting processor orders, including edge networking
Read the full story at The Economic Times

This summarization was done by Beige for a story published on The Economic TimesThe Economic Times

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