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Intel has announced its revenue forecasts for the second quarter of the year, exceeding Wall Street expectations due to the rising demand for server chips. The company's shares rose by 12% following this announcement, reflecting investor confidence in its future.
Samsung Electronics is poised to announce a significant increase in its operating profits for the first quarter of 2023, driven by rising chip prices fueled by the AI boom. The company expects profits to reach <strong>40.5 trillion won</strong> (approximately <strong>$26.9 billion</strong>), reflecting a <strong>50%</strong> increase in revenue compared to last year.