Intel Corp released its earnings forecast on the 23rd, showing that the company expects third-quarter revenue of between $15.8 billion and $16.8 billion, driven by strong demand for AI computing chips in the data center market. The lower end of this forecast range significantly exceeds the Wall Street average expectation of $15.1 billion, indicating a further consolidation of the company's performance recovery trend.

According to financial data, Intel's data center business unit performed exceptionally well during the quarter, with revenue surging 59% year-over-year, more than double the company's overall revenue growth rate.

Intel's management stated in a statement that global data center customers are accelerating their purchases of related chip products to meet the computing power demands of AI businesses, providing strong support for the company's revenue growth.

Industry analysts pointed out that with the accelerated implementation of AI technology applications, the continuous release of demand for high-performance computing chips in cloud computing and data center infrastructure construction has become a core driving force for the recovery of the semiconductor industry. Intel's growth breakthrough in the data center business reflects the still-robust structural demand in the chip market.