Intel: Shares rise after PC market recovery

30 окт, 18:00

Amid positive prospects for the personal computer market, Intel shares rose by more than 9%. This indicates renewed investor interest in the company, as well as in the microprocessor industry as a whole, which has been experiencing a long decline for several years.

Intel, one of the leading chipmakers, plans to increase its market value by more than $10 billion, provided that profits remain stable. This step demonstrates the company's optimism and confidence in its future.

In addition to Intel, other chipmakers such as AMD, Nvidia, and Arm also saw a small increase in their share price of 1% to 2%. This indicates an overall positive sentiment in the microprocessor and computer market.

Under the leadership of Intel CEO Pat Helsinger, the company is actively investing heavily in infrastructure, hoping to gain a competitive advantage in chip manufacturing. This strategy will allow Intel to compete with other players in the market, such as TSMC from Taiwan, for foundry customers.

The company also predicts that its revenue and profit in the fourth quarter will be higher than expected on Wall Street. This indicates that the decline in the PC segment observed in the summer was less than expected, which will contribute to the company's stable development.

The rise in shares of Intel and other chip market players indicates a positive investor sentiment and provides an additional incentive for development and innovation in this important technology sector.


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