Times of India | Intel bags big gains! Chipmaker's shares jump 26% on blockbuster results; how Trump admin benefits

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Intel’s shares jumped 26.7% on Friday after the chipmaker posted a first‑quarter revenue of $13.58 billion—well above the $12.3 billion forecast—and adjusted earnings of $0.29 per share, far surpassing expectations. The surge was driven by strong demand for its Data Centre and AI division, which generated $5.05 billion in revenue, up 22.4% year‑on‑year, thanks to robust sales of Xeon 6 processors and Gaudi 3 AI accelerators. CEO Lip‑Bu Tan credited a broader shift toward AI‑driven inference and agentic models for the growth. Intel also gave an optimistic outlook for Q2, projecting revenue of $13.8–$14.8 billion, beating analysts’ estimates. The rally reflects the impact of a 2025 U.S. government investment—when the Trump administration bought a 9.9% stake for $8.9 billion to stabilize the company—turning a near‑bankrupt situation into a near‑300% gain for the administration.

Read more: https://timesofindia.indiatimes.com/business/international-business/intel-bags-big-gains-chipmakers-shares-jump-26-on-blockbuster-results-how-trump-admin-benefits/articleshow/130498728.cms

#Intel #Trumpadministration #datacentre #Xeon6 #Gaudi3 #Lip‑BuTan #Trump

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💡Intel svela il futuro dell’IA con Lunar Lake, Xeon 6 e Gaudi .
Computex 2024: Intel accelera l'IA ovunque con Lunar Lake, Xeon 6 e Gaudi. Nuove CPU, GPU e NPU per portare l'intelligenza artificiale dal PC al cloud con più potenza e efficienza.

https://gomoot.com/intel-svela-il-futuro-dellia-con-lunar-lake-xeon-6-e-gaudi

#AI #blog #cpu #gaudi3 #gpu #ia #intel #laptop #lunarlake #meteorlake #news #NPU #copilotplus #picks #tech #tecnologia #xeon6 @intel @intelitalia

💡Intel sfida NVIDIA con l’acceleratore IA Gaudi 3
Intel entra finalmente nel settore dell'IA con la scheda Gaudi 3 che promette prestazioni di training e inferenza migliori delle GPU H100 di NVIDIA

https://gomoot.com/intel-sfida-nvidia-con-lacceleratore-ia-gaudi-3

#AI #ia #b100 #b200 #gaudi3 #gpu #H100 #inferenza #LLM #nvidia #pcie #Qualcomm #training #TSMC @intel @Intel_Italia

Intel & Google unveil AI chips for enterprises. VCs invest heavily in generative AI startups. OpenAI & Meta to release AI models with reasoning capabilities. Apple's Ferret AI empowers Siri to understand iOS app layouts. Turnitin reveals 22M AI-influenced #student papers, sparking debates on AI in education. Japan urges AI regulation to safeguard society.

Read: https://theaiml.substack.com/p/intel-google-vcs-ais-enterprise-dominance

#AI #Enterprise #Chips #Gaudi3 #Axion #VentureCapital #GenerativeAI #ET30 #tech #iOS
https://theaiml.substack.com/p/intel-google-vcs-ais-enterprise-dominance

Intel presenta una nueva era para la inteligencia artificial empresarial con Gaudi 3

#IA #Empresarial #Intel #Gaudi3 @intel_la

https://portalgeek.co/ia/intel-presenta-ia-gaudi-3/

Intel Introduces Gaudi3 AI Chip to Challenge Nvidia and AMD.
See Here - https://techchilli.com/artificial-intelligence/intel-introduces-gaudi3-ai-chip-to-challenge-nvidia-and-amd/

#ai #intel #nvidia #amd #gaudi3