Intel heads into its April 23 earnings with rising investor expectations , but the key question remains whether AI-driven CPU demand can offset ongoing margin weakness . Revenue Stable, But Margins Under Pressure Intel is expected to deliver Q1 revenue around US$12.4 billion , slightly above the midpoint of its guidance range. However, the real concern lies in profitability: Gross margin guided at 34.5% , down from 39.2% a year ago EPS near breakeven (~US$0.00) vs US$0.13 last year This highlights continued pressure from costs, utilisation, and product mix , despite improving demand signals. AI CPUs: A Key Growth Driver Intel’s near-term bullish case centers on AI-related CPU demand , particularly its Xeon processors. A key development is its partnership with Alphabet , which reinforces: Intel’s role in AI data centre infrastructure Growing demand for AI inference and general-purpose computing Investors will watch c...
The US economy grew faster in Q3 than previously estimated, driven by strong consumer spending and a surge in exports, according to revised figures from the Bureau of Economic Analysis released Thursday.
Key Highlights
GDP Growth
- Gross Domestic Product (GDP) increased at a 3.1% annualized rate in Q3, up from the prior estimate of 2.8%.
- Consumer spending, a key driver of the economy, was revised to 3.7% from 3.5%.
Exports Surge
- Exports expanded by 9.6%, significantly higher than the previous estimate of 7.5%, with growth entirely attributed to services.
Inflation Metrics
- The personal consumption expenditures (PCE) price index, excluding food and energy, was revised slightly higher to 2.2%.
Economic Resilience
- The revised data reinforces that the economy remains strong, defying forecasters’ predictions of a slowdown.
- This comes on the heels of the Federal Reserve signaling slower rate cuts in 2025, influenced by stronger-than-expected economic data.
Other GDP Components
- Business investment, residential investment, and government spending also saw upward revisions, contributing to the stronger overall performance.
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