Intel Forecasts Strong Revenue on AI Chip Demand

Intel expects second quarter revenue up to 14.8 billion dollars as demand for server chips grows. The company also secured Tesla as a major manufacturing client.

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INTEL CORP has issued a second-quarter revenue forecast that exceeds Wall Street expectations, signaling a robust recovery driven by surging demand for server chips in artificial intelligence data centers. The company projects revenue to fall between $13.8 billion and $14.8 billion, significantly higher than the $13.07 billion average analyst estimate.

An Intel logo displayed on a mobile device rests atop a computer motherboard in a studio setting. REUTERS/Dado Ruvic/Illustration/File Photo
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