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 ...