Intel Reports Strong Q1 Results, Driving Stock Higher
Intel's stock surged over 23% following its first-quarter results, which showed a 7% year-over-year revenue increase to $13.6 billion. The company's data center and AI division saw a 22% revenue jump to $5.1 billion, and adjusted net income rose 156% to $1.5 billion, far exceeding Wall Street expectations.
Tickers: $INTC
Topics: AI Earnings Intel Revenue Growth Stock Price Movement