
Intel stock hits record high on AI demand and foundry wins

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Intel's stock reached a record high of $133, surpassing its 2000 peak, driven by strong AI demand and manufacturing advancements. The company's CPUs are increasingly important in AI orchestration, contributing to a 22% year-over-year growth in its data center and AI segment. Additionally, UMC's introduction of a 14nm eHV FinFET technology enhances its position ahead of a future 12nm collaboration with Intel in Arizona.

