Intel Earnings Confirm CPU Demand Is Outpacing Supply, But Does the Company Really Have an Edge?

Intel (INTC) stock was up nearly 30% after reporting strong Q1 performance. It has gained 4x since the day Donald Trump met CEO Lip-Bu Tan in August last year. Before that meeting, the president had called for Lip- Bu Tan's resignation. After the meeting, he was all praise for the CEO's amazing life story. What happened in between is anybody's guess, but one thing was clear: Donald Trump wanted to revive the struggling giant, and whatever happened at the meeting finally seems to be bearing fruit. Founded in ...

Intel Earnings Confirm CPU Demand Is Outpacing Supply, But Does the Company Really Have an Edge? - Reportify