semiconductor / news / / Times of India
Demand for Intel's central processors from firms offering AI services was so strong in the first quarter that it sold even chips it had originally written off.
Intel sold processors it had previously written off due to high AI-driven demand.
KEY POINTS
- Intel's shares rose over 24%, pushing its value above $416 billion for the first time.
- Intel's stock price surpassed its previous record from the dot-com bubble in 2000.
- Market optimism about AI inference is reviving the strategic importance of central processors over graphics chips.
COMPANIES
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