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Intel's stock soars more than 20% as chipmaker shows signs of a turnaround

Shares of Intel have more than doubled this year on optimism that backing from the government will help the company's position in AI.

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cnbc.comStai leggendo2 mesi fa

Shares of Intel have more than doubled this year on optimism that backing from the government will help the company's position in AI.

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