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Earnings

Intel posts fastest revenue growth in 15 years

Intel reported its fastest revenue growth in 15 years, with sales jumping 25% in the second quarter, according to the Financial Times. Business Insider framed the results as a turnaround for a chipmaker once seen as a fallen giant, attributing the acceleration to surging demand from AI data centres fuelling its business.

Why it matters

The rebound signals Intel may be regaining relevance in the AI hardware race, where it had lagged rivals capturing data-centre spending.

Sources

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