Intel’s (NASDAQ:INTC) turnaround gathered momentum in the second quarter, with revenue and profits comfortably beating Wall Street forecasts and AI-related data-centre demand emerging as a powerful growth engine. There is definitely positive operational momentum, but a more demanding valuation. Revenue jumped 25% year-on-year to $16.1 billion, versus market expectations of roughly $14.4 billion. Adjusted earnings … Continue reading Intel Q2 earnings smash forecasts: is the AI turnaround already priced in?