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OverviewAPI
Intel's stock surges after Mizuho analyst upgrade, with the company set to unveil new data center and AI chips in 2024. Intel reported a surprise profit for Q2, driven by the PC market's recovery and strong AI sales. The company forecasted better profit margins for the third quarter and exceeded revenue estimates with $12.9 billion. Intel expects non-GAAP earnings per share of 20 cents on revenue of $12.9 billion to $13.9 billion for Q3.

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