Intel’s stock is soaring after smashing Q2 earnings expectations, with revenue jumping 15% to $16.1 billion—way above the $14.4 billion forecast. The company’s AI-driven business surged 70% and now dominates its revenue, fueling a bold $20B+ capital spending plan to meet exploding demand. With stock up 170% this year, Intel’s confident outlook signals a major turnaround and a front-row seat in the AI hardware boom.

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