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EU LEADERS NOT EXPECTED TO LINK IRAN WAR AND EU BUDGET- POLITICO

2026-04-24

EU LEADERS NOT EXPECTED TO LINK IRAN WAR AND EU BUDGET- POLITICO

Other News
2026-04-24

Hong Kong-listed chip stocks surged, with Naxin Microelectronics (02676.HK) jumping over 13%, Hua Hong Semiconductor (01347.HK) rising over 7%, and SMIC (00981.HK) gaining over 5%.

Hong Kong-listed chip stocks surged, with Naxin Microelectronics (02676.HK) jumping over 13%, Hua Hong Semiconductor (01347.HK) rising over 7%, and SMIC (00981.HK) gaining over 5%.
2026-04-24

Intel forecast Q2 revenue $13.8–$14.8 billion versus $13 billion estimates, and adjusted EPS about 20 cents versus 9 cents expected. Shares rose 14% after-hours. First-quarter revenue rose 7% to $13.6 billion with EPS 29 cents, above forecasts. Growt

Intel forecast Q2 revenue $13.8–$14.8 billion versus $13 billion estimates, and adjusted EPS about 20 cents versus 9 cents expected. Shares rose 14% after-hours. First-quarter revenue rose 7% to $13.6 billion with EPS 29 cents, above forecasts. Growth was driven by AI infrastructure demand and Xeon server CPUs, though supply remains tight. CEO Lip-Bu Tan said he is “laser-focused” on output and added, “There is huge demand... we are still short because the demand keeps increasing.” Gross margin was 41%. Foundry revenue rose 16% to $5.4 billion. Intel still trails Nvidia in AI accelerators.
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