Intel reported third-quarter results on Thursday in which sales beat analyst estimates, signaling that demand for its core x86 processors for PCs has recovered.

Intel reported third-quarter results on Thursday in which sales beat analyst estimates, signaling that demand for its core x86 processors for PCs has recovered.

Wall Street analysts are adopting a negative to neutral stance when it comes to the chipmaker going forward.

CEO Lip-Bu Tan said that artificial intelligence "is a strong foundation for sustainable long-term growth.