Intel CEO says Q2 delivered solid execution and strongest revenue growth in 15 years

Lip-Bu Tan said the chipmaker is adopting an AI-first approach as revenue growth reaches its strongest level in more than 15 years.

Summary

Intel CEO Lip-Bu Tan described the company’s second quarter as "another quarter of solid execution" and said Intel is posting its strongest revenue growth in more than 15 years. He added that the company has embraced an AI-first mentality, signaling that artificial intelligence is becoming a central part of its strategy as chipmakers race to align products and operations with demand tied to AI workloads.

Terms & Concepts
  • AI-first: A strategy centered on artificial intelligence
  • revenue growth: Increase in sales over a prior period