Intel results to spotlight turnaround efforts as AI data centers boost chip demand
Intel shareholders are optimistic about the company’s results like they have not been for many quarters, betting the turnaround CEO Lip-Bu Tan promised was taking root and that rapid data center build outs were fueling strong demand for its traditional server chips.
A slew of high-profile investments engineered by Tan last year piqued investor interest in a stock that had crashed in 2024 following years of management missteps, including a botched AI product roadmap that led to deep competitive losses and thousands of job cuts.
