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Intel shares jump on upbeat forecast as AI demand fuels turnaround

Intel lifts Q3 revenue forecast, raises 2026 capital spending to $20 billion from $18 billion on AI demand Computer motherboard and Intel chip appear in this illustration taken August 25, 2025. REUTERS Intel shares rose 6% in premarket trading on Friday after the chipmaker issued a stronger-than-expected revenue forecast, signalling that the artificial intelligence boom … Read more