Intel shows recovery in PCs but faces competition in AI, data centers: Intel's traditional PC dominance looked to be approaching its former rude health, but that good news in its earnings report was offset by ongoing weakness in servers.

A faster-than-expected recovery in sales of PC chips helped Intel post third-quarter revenue that exceeded expectations, but weakness in its data center business is a sign of vulnerability in a market where users are looking for processors that can handle AI workloads that are predicted to grow as enterprises adopt generative AI. "Continuing its investment in manufacturing capacity to create a geographically balanced, secure and resilient supply chain, Intel opened Fab 34 in Leixlip, Ireland, during the quarter", Intel noted in its earnings news release Thursday. [Extracted from the article]