Intel Posts Strongest Revenue Growth In 15 Years On Surging AI Demand

Intel nearly made a mockery of Wall Street estimates by blowing past expectations with $16.1 billion in second-quarter revenue, fueled by what company CEO Lip-Bu Tan called “unprecedented demand” for AI hardware. In doing so, Intel’s revenue growth surged 25% year-over-year, which is the biggest gain in a decade and a half. Just as importantly,