Intel shares up 25% in five days thanks to demand for AI processors
Over the past five days, the quotes of Intel Corporation have added 25% due to the fact that the market records an increased demand for processors for AI. The increase in demand was reported last week by the CEO of the company Lip-Bu Tan.
Over the past five days, the quotes of Intel Corporation have added 25% due to the fact that the market records an increased demand for processors for AI. The increase in demand was reported last week by the CEO of the company Lip-Bu Tan.
Experts note that central processing units (CPUs) have become a critical component of data centers for artificial intelligence, although they were previously considered secondary to graphics processing units (GPUs) used to train and run AI models. However, with the advent of AI agents, the role of CPUs has taken on a new meaning.
In the second quarter, Intel revenue grew by 25% year-on-year, reaching $ 16.1 billion. This is the fastest growth in 15 years. Since the beginning of the year, Intel shares have tripled in price, and the market capitalization reached $640 billion.
Eugene Hvostik
