Intel beats Q2 estimates as AI demand drives 25 pc revenue growth: Report

New Delhi, July 27 (IANS) Chipmaker Intel reported stronger-than-expected second-quarter results, with revenue rising 25 per cent year-on-year, driven by robust demand for artificial intelligence (AI)-powered computing, data centre processors and foundry services, a report has said.

As per analysis of the Vietnam Times, the company posted revenue of $16.1 billion for the quarter ended June, up from $12.9 billion a year earlier and ahead of its own guidance as well as analysts' expectations of around $15.1 billion.