Intel Reports Strong Q1 Earnings Driven by AI Spending

Intel announced a 25 percent revenue increase in its latest quarter, marking its fastest growth in 15 years, largely due to increased purchases of central processing units by AI firms.

23 Jul, 22:09 — 23 Jul, 22:09

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NYTMostly Factual39d ago

Intel Benefits From a New Shift in A.I. Spending

The Silicon Valley chipmaker’s revenue rose 25 percent in the latest quarter, its fastest growth in 15 years, as A.I. firms increasingly bought chips known as central processing units.

By Don Clark

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Intel Reports Strong Q1 Earnings Driven by AI Spending

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Intel Benefits From a New Shift in A.I. Spending

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