Intel Saves The Tech Day, Sees 15-Year High For Sales Growth, "Unprecedented Demand"
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Source: Zero Hedge
Published: 2026-07-24 06:15 UTC+10:00
Section: General
Factuality Score: 100
Opinion Category: Neutral
Topics: Business, Technology & AI, Financial Markets, Technology
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Snippet:
After a dismal day that saw tech stocks wrecked on the shores of hyperscalers' CapEx and inferred from Alphabet's earnings, tonight sees Intel's Lip-Bu Tan ride to the rescue with better-than-expected second-quarter results on Thursday, notching its fastest revenue growth rate for any quarter since 2011 and issuing guidance that topped expectations.
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