Business Insider
US · 1 hrs ago
Intel looked like a fallen giant. Now it's posting its fastest revenue growth in 15 years.
Intel CEO Lip-Bu Tan
Bloomberg/Getty Images
Intel posted its strongest revenue growth in more than 15 years.
The company's data center and AI business grew 59% as the chipmaker gains AI momentum.
The results sent Intel shares soaring in after-hours trading.
Not long ago, Intel looked like a fallen giant. Now, the chipmaker has posted its "strongest revenue growth in more than fifteen years," CEO Lip-Bu Tan said Thursday.
The company's second-quarter results sent shares up more than 11% in…
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