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US Stock Market: Intel’s AI bet drives upbeat forecast and investor confidence

US Stock Market: Intel’s AI bet drives upbeat forecast and investor confidence

Intel forecast stronger-than-expected Q2 revenue of $13.8–$14.8 billion, driven by robust demand for AI-focused server chips, with earnings guidance also beating estimates. The upbeat outlook sent shares soaring 19% in extended trading, adding about $64 billi…

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