Intel's quarter is a sign for what's to come in CPU demand

Shares of Arm Holdings jumped last month after the company unveiled its first new in-house chip.

Intel has been a Wall Street darling of late even as the business has yet to find much momentum.

Yesterday's results announcement signals a return to form for chips player Intel, thanks to the AI boom and strategic agreements with 'partners'.

Intel's strong first-quarter financial results show the semiconductor maker can capitalize on a boom in chipmaking and AI, per two Wall Street shops.

Intel's quarter is a sign for what's to come in CPU demand

Niles listed Intel as his largest holding at one point this month.

Every weekday, the Investing Club releases the Homestretch; an actionable afternoon update just in time for the last hour of trading.