Intel bets on CPUs as AI agents expand market
Intel is set to release its first-quarter earnings, with artificial intelligence driving demand for its CPUs as AI agents become more widely used. Analysts expect Intel to report earnings per share of $0.01 on revenue of $12.36 billion.
Intel is set to release its first-quarter earnings after the market close on Thursday. Artificial intelligence is fueling rising demand for the company's chips, particularly CPUs, as AI agents become more widely used. AI agents rely heavily on CPUs for everyday tasks such as browsing websites or processing data in spreadsheets. Analysts surveyed by Bloomberg expect Intel to report earnings per share of $0.01 on revenue of $12.36 billion. Intel's Data Center and AI division is projected to generate $4.41 billion in revenue, a 6.8% year-over-year increase. The company faced supply constraints due to strong demand but expects conditions to improve after the first quarter.
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