NEW YORK: Intel shareholders are optimistic about the company’s results like they have not been for many quarters, betting the turnaround chief executive officer (CEO) Lip-Bu Tan promised was taking root and that rapid data centre build outs were fuelling strong demand for its traditional server chips.
A slew of high-profile investments engineered by Tan last year piqued investor interest in a stock that had crashed in 2024 following years of management missteps, including a botched artificial intelligence (AI) product roadmap that led to deep competitive los
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