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[ARTICLE · art-70900] src=machinebrief.com ↗ pub= topic=artificial-intelligence verified=true sentiment=↑ positive

Intel's stock jumps 11% as chipmaker rides AI boom to fastest revenue growth in almost 15 years

Intel Corp.'s stock surged 11% on Thursday after the chipmaker reported its fastest revenue growth in nearly 15 years, driven by demand for artificial intelligence chips. The company's quarterly revenue rose 9% year-over-year to $14.8 billion, beating analyst estimates, as its data center and AI segment posted a 34% increase. Intel shares have gained over 170% in 2024.

read1 min views1 publishedJul 23, 2026
Intel's stock jumps 11% as chipmaker rides AI boom to fastest revenue growth in almost 15 years
Image: Machinebrief (auto-discovered)

Source:

CNBC TechnologyDespite a recent slump in the stock, Intel shares are still up over 170% this year.

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