Intel stock rallies after turning first profit of 2023

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Intel stock rallies after turning first profit of 2023
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Intel is profitable again, drawing cheers on Wall Street.

The Silicon Valley giant's stock rallied in late trades on Thursday after the chip powerhouse posted second-quarter results that beat Wall Street's expectations and ended two straight unprofitable quarters.

The company is also seeing stronger demand for chips used to build AI systems. Intel is"well-positioned to capitalize on the significant growth across the AI continuum," Intel CEO Pat Gelsinger said in a statement. We tried these three Twitter alternatives so you don’t have to Can Bluesky, Mastodon or Threads take Twitter’s place? Here’s what four Examiner reporters think

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