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Image source: Intel. <\/p>\nShares of Intel (NASDAQ: INTC) soared on Friday after the semiconductor giant highlighted the rapidly rising demand for its data center chips.<\/p>\n
Image source: Intel. <\/p>\n
Will AI create the world’s first trillionaire? Our team just released a report on a little-known company, called an “Indispensable Monopoly,” providing the critical technology Nvidia and Intel both need. <\/p>\n
Continue \u00bb<\/a> <\/p>\n After missing out on the early stages of the artificial intelligence (AI) boom, Intel is finding itself well placed to profit from recent technological advances.<\/p>\n While AI model training largely relies on graphics processing units (GPUs) designed by the likes of Nvidia and Advanced Micro Devices, the rise of agentic AI<\/a> is boosting demand for the types of central processing units (CPUs) Intel makes.<\/p>\n Following years of sales declines, Intel’s revenue rose 7% year over year to $13.6 billion in the first quarter.<\/p>\n Intel’s data center and AI division enjoyed particularly strong growth, with revenue jumping 22% to $5.1 billion.<\/p>\n All told, Intel’s adjusted net income surged 156% to $1.5 billion, or $0.29 per share. That crushed Wall Street’s estimates, which had called for per-share profits of only $0.01.<\/p>\n Looking ahead, Intel guided for second-quarter revenue of $13.8 billion to $14.8 billion and adjusted earnings per share of $0.20. That compares to revenue of $12.9 billion and an adjusted loss of $0.10 per share in the second quarter of 2025.<\/p>\n New partnerships with Alphabet’s Google, Tesla, and other tech leaders should help Intel further its expansion.<\/p>\n “We remain focused on maximizing our factory network to improve available supply and meet our customers’ needs throughout the year,” chief financial officer David Zinsner said.<\/p>\n Before you buy stock in Intel, consider this:<\/p>\n