Reported about 11 hours ago
Intel reported third quarter earnings with adjusted EPS of $0.23 and revenue of $13.65 billion, surpassing expectations due to strong demand for AI chips in PCs and data centers. The company also highlighted a boost from the end of Windows 10 support, pushing enterprise customers towards Windows 11. Despite facing challenges in its foundry business, Intel's positive results have encouraged market sentiment, with shares rising nearly 6% in pre-market trading.
Source: YAHOO