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Intel (INTC) CEO Lip-Bu Tan Vows to Regain AI Leadership with New Strategy [Yahoo! Finance]

Intel Corporation (INTC) More Company Research Source: Yahoo! Finance

Last intel corporation earnings: 4/23 04:07 pm Check Earnings Report

US:NASDAQ Investor Relations: intc.com/investor-relations/default.aspx

Corporation (NASDAQ:INTC) stands against other AI news and ratings making waves on Wall Street. According to a Fortune Business Insights report, the global data center market, valued at $242.72 billion in 2024, is expected to grow to $585 billion by 2032, at a compound annual growth rate of 11.7%. North America led the market in 2024, holding a nearly 39% share. According to the report, generative AI is significantly impacting the sector, as its deep learning models require substantial computing power, scalable storage, and high-performance infrastructure. The market is also shifting towards hybrid and multi-cloud strategies, enabling organizations to integrate public, private, and on-premise solutions efficiently. Additionally, modular data centers are gaining traction due to their cost-effectiveness, scalability, and faster deployment compared to traditional facilities, the report stated. The expansion of AI infrastructure through large-scale data center investments reflects t [Read more]

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