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Wedbush: Intel comfortably exceeded its guidance, and its new outlook appears “extremely beatable,” despite coming in higher than consensus estimates, “given strong underlying conditions,” Bryson said in a note. Server compute demand drove the company’s strong second-quarter results, he added.
Although DCAI (Datacenter and AI Group) growth of 59% year-on-year represented an all-time high, “Intel compute is the single most difficult component to source today in the server supply chain,” the analyst wrote. Against this backdrop, the company could continue to generate sales growth and margin expansion, he further stated.
Rosenblatt Securities: Intel reported revenues…
