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Intel turnaround?

Associate
Joined
1 Jan 2004
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1,666
Location
UK
Intel shares (INTC) jumped nearly 20% in after-hours trading on April 23, 2026, following a strong Q1 2026 earnings report that exceeded expectations, driven by high demand for AI-related CPUs and improved manufacturing capacity. The company, led by CEO Lip-Bu Tan, reported $13.6 billion in revenue and provided strong Q2 guidance, signaling a potential turnaround.
 
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