Intel Stock Soars on Strong Q1, AI Demand
Key Points: Intel stock jumps over 20% after strong Q1 earnings report. Q1 revenue and EPS beat analyst expectations, Q2 guidance also positive. Data Center and AI business revenue significantly exceeds forecasts. Intel sees growing demand for CPUs due to agentic AI development. Intel (INTC) stock shot up more than 20% in early trading Friday. This surge followed a first-quarter earnings report that beat what...