Intel Reports Strong Earnings and Guidance, Surpassing Wall Street Expectations
Intel delivered strong first-quarter earnings and guidance, surpassing Wall Street expectations. The company reported adjusted EPS of $0.29 and revenue of $13.58 billion, both well above estimates. The results have led to a significant stock price increase, signaling renewed investor confidence in Intel's AI transition.
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Topics: AI CPUs Earnings Turnaround Wall Street