The Zhitong Finance App learned that after the US stock market on Thursday EST, global semiconductor giant Intel (INTC.US) handed over a report card that far exceeded market expectations. Not only did second-quarter revenue and profit surpass Wall Street estimates, but its performance guidance for the third quarter also crushed analysts' predictions, showing that the wave of AI-driven data center spending is accelerating the revival process of this established chip giant.

The Zhitong Finance App learned that after the US stock market on Thursday EST, global semiconductor giant Intel (INTC.US) handed over a report card that far exceeded market expectations. Not only did second-quarter revenue and profit surpass Wall Street estimates, but its performance guidance for the third quarter also crushed analysts' predictions, showing that the wave of AI-driven data center spending is accelerating the revival process of this established chip giant.