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21:14
AI-driven demand rebounds as Intel's first-quarter revenue exceeds expectations
Golden Ten Data reported on April 24 that on Thursday, Intel announced first-quarter sales of $13.6 billion, a 7% year-on-year increase and 11% higher than analysts’ expectations. Over the past year, as AI companies deploy large language models and other tools operated by autonomous AI “agents,” Intel’s more fundamental CPU expertise has regained popularity. Intel raised its second-quarter sales forecast to $13.8–14.8 billion, surpassing analysts’ prediction of $13 billion. Intel CEO Pat Gelsinger said in a statement: “The next wave of AI will bring intelligence to end users, moving from foundational models to inference, and then to agents. This transition is significantly increasing demand for Intel CPUs, chips, and advanced packaging products.”
21:14
CME Lowers Margin Requirements for Gold and Silver Futures Contracts
On April 24, the Chicago Mercantile Exchange (CME) reduced the margin requirements for certain silver and gold futures contracts. The adjustment will take effect after the local market closes on Friday.
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