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Intel stock rises approximately 180% over the past year amid expanding AI demand

The Motley Fool +1 ·

INTC Intel Corp
$95.37 -2.80%
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  1. 1Intel Data Center and AI revenue reached $6.3 billion, accounting for 59% of Intel Data Center and AI revenue.
  2. 2AI-related business accounted for approximately 70% of Intel's total revenue during the quarter.
  3. 3Intel Foundry recorded an operating loss of $2.1 billion in the second quarter.

So what's the key point?

Intel generated significant revenue from its artificial intelligence business. The AI sector is driving growth, making up 70% of total revenue.

Source The Motley Fool +1 · View original ↗

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