Intel Corp. will report its second quarter earnings on July 23, with analysts expecting revenue to reach $14.4 billion, a 12% increase from the previous year. The Data Center and AI segment is forecasted to grow 42% year-over-year to $5.6 billion, fueled by strong investments from cloud providers and enterprises in AI infrastructure. Intel is also investing €5 billion to upgrade its Irish manufacturing facilities, aiming to expand advanced semiconductor production in Europe to meet rising demand for AI and high-performance computing. This growth outlook follows a solid performance in the first quarter and highlights Intel's strategic focus on AI and data center markets.
AI remains a major market driver with significant infrastructure investments expected through 2028. Investors can gain diversified exposure to AI growth via ETFs like Vanguard Information Technology (VGT), VanEck Semiconductor (SMH), and Global X Art...
The global Edge AI software market is projected to grow from $2.40 billion in 2025 to $8.89 billion by 2031, at a CAGR of 24.4%. This growth is fueled by rising demand for real-time AI decision-making, localized data processing, and intelligent edge ...
Mad Money host Jim Cramer declared Intel as his favorite stock, citing its strong position in the AI infrastructure boom and its role as the third-largest customer of semiconductor maker ASML. He believes Intel's CEO is steering the company to be a k...
Asian semiconductor stocks experienced a significant decline following a sell-off in US chipmakers, with SK Hynix shares dropping over 9% in Seoul after an earlier 8% rally. The sell-off reflects concerns over AI spending and profit-taking after a st...
Sanjeev Sharma forecasts the S&P 500 will finish 2026 slightly below its starting point due to weak consumer fundamentals like stagnant wage growth, high inflation, elevated gas prices, and rising interest rates. His disposable income-based model hig...
