In early trading on Friday, Intel (INTC) saw its shares rise by 1.2% after the company announced plans to target a Total Addressable Market (TAM) of 290 million PCs by 2025, driven by increased AI demand and an improved balance sheet. The TAM represents the potential maximum sales of a product or service within a specific market.
Intel reported strong third-quarter results, surpassing revenue and profit guidance, highlighting strategic partnerships and government support for semiconductor production.
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