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Intel set for record high as AI-driven CPU demand powers upbeat forecast

Intel set for record high as AI-driven CPU demand powers upbeat forecast

By Rashika Singh April 24 (Reuters) - Intel shares jumped more than 22% in premarket trade on Friday as the chipmaker's robust revenue outlook signaled strong demand for the hardware needed to run advanced AI models.
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Intel forecasts second-quarter revenue above estimates

Intel forecasts second-quarter revenue above estimates

By Zaheer Kachwala and Max A. Cherney April 23 (Reuters) - Intel forecast second-quarter revenue above Wall Street expectations on Thursday, underscoring booming demand for the chipmaker's server chips used in artificial-intelligence data centers. 
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Intel's AI-Driven CPU Demand Surges, Boosting Market Value

Intel's AI-Driven CPU Demand Surges, Boosting Market Value

Intel's AI-Driven CPU Demand Surges, Boosting Market Value
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Intel's Stock Surges 24% Amid AI Demand and Strategic Investments

Intel's Stock Surges 24% Amid AI Demand and Strategic Investments

Intel's Stock Surges 24% Amid AI Demand and Strategic Investments
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Meta strikes deal with Amazon's cloud unit to use its CPU chips

Meta strikes deal with Amazon's cloud unit to use its CPU chips

By Stephen Nellis SAN FRANCISCO, April 24 (Reuters) - Meta Platforms and Amazon.com on Friday said Meta will use Amazon Web Services' (AWS) Graviton5 central processing unit (CPU) chips, a deal an AWS executive told Reuters would span multiple years and be worth billions of dollars.
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A surge for Intel sends tech stocks higher on Wall Street and crude oil prices swing some more

A surge for Intel sends tech stocks higher on Wall Street and crude oil prices swing some more

A surge for Intel following a blowout profit report is leading technology stocks higher, while oil prices keep swinging in the wait for what’s next with the Iran war
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Texas Instruments' Stock Surges 18% on Strong Q1 Earnings and AI Demand

Texas Instruments' Stock Surges 18% on Strong Q1 Earnings and AI Demand

Texas Instruments' Stock Surges 18% on Strong Q1 Earnings and AI Demand
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Factbox-DeepSeek-V4, the Chinese AI model adapted for Huawei chips

Factbox-DeepSeek-V4, the Chinese AI model adapted for Huawei chips

By Eduardo Baptista BEIJING, April 24 (Reuters) - Chinese startup DeepSeek on Friday released a preview version of V4, its new artificial intelligence model adapted to run on Huawei chips, marking another step in China's push to build a self-sufficient AI ecosystem.
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Intel's Q1 Earnings Beat Expectations, Stock Rises on Strong Outlook

Intel's Q1 Earnings Beat Expectations, Stock Rises on Strong Outlook

Intel's Q1 Earnings Beat Expectations, Stock Rises on Strong Outlook
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ASML says firm will not be chip industry's bottleneck

ASML says firm will not be chip industry's bottleneck

By Toby Sterling and Nathan Vifflin AMSTERDAM, April 22 (Reuters) - Top computer chip equipment maker ASML will not be a bottleneck for the industry, as it was early in the decade, its CEO said on Wednesday, pointing to recent investments in capacity and productivity improvements.
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Analysts Highlight Key Stock Picks Amid Market Speculation

Analysts Highlight Key Stock Picks Amid Market Speculation

Analysts Highlight Key Stock Picks Amid Market Speculation
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TSMC Plans Trial Production of Sub-1 Nanometer Chips by 2029

TSMC Plans Trial Production of Sub-1 Nanometer Chips by 2029

TSMC Plans Trial Production of Sub-1 Nanometer Chips by 2029