Intel Posts Fastest Revenue Growth in 15 Years on AI Chip Demand

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Intel reported a 25 percent rise in revenue in its most recent quarter, marking the company's strongest growth rate in 15 years. The surge was driven by increased purchases of central processing units, or CPUs, by artificial intelligence companies. This signals a broadening of AI hardware spending beyond the graphics processors that have dominated the sector. The Silicon Valley chipmaker appears to be benefiting from a shift in how AI firms are building and expanding their infrastructure.

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