Intel looked like a fallen giant. Now it's posting its fastest revenue growth in 15 years.

Intel reported its strongest revenue growth in more than 15 years, with its data center and AI business up 59% as the company builds AI momentum. The acceleration suggests improving underlying demand in a key growth segment and is likely to support the stock sentiment in the near term.

Analysis

Intel reported its strongest revenue growth in more than 15 years, with its data center and AI business up 59% as the company builds AI momentum. The acceleration suggests improving underlying demand in a key growth segment and is likely to support the stock sentiment in the near term.