Intel (INTC) Stock: Plunges Despite 78% Data Center and AI Revenue Growth
TLDR Intel stock plunges 16.82% after hours despite 78% growth in data center and AI revenue. Intel posts $16.5 billion in Q3 revenue, but shares slide sharply after earnings. Intel data center revenue jumps 78% as PC weakness weighs on its stock outlook. Intel Foundry revenue surges 58%, while GAAP earnings fall 18% in the [...]
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Source: Source: Blockonomi