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Intel gained 1.8% to close at $91.67, though shares remain down 10.9% over the past month. Ahead of its earnings release, consensus estimates forecast quarterly EPS of $0.39 on $16.36 billion in reve…
Intel's stock rallies ahead of earnings with optimism on server CPU demand and new chip launches, while Apple is speculated as a potential customer, adding positive sentiment for AAPL shares.
Intel's Q3 earnings preview highlights AI infrastructure initiatives and partnerships, but stiff competition from NVIDIA and geopolitical risks with China weigh on growth and margins.