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Intel Corporation (INTC) Explores Partial Sale of Altera Unit in Potential $17 Billion Deal to Unlock Capital

By Yahoo! Finance   |   Nov 5, 2024 at 05:22 PM EST
Intel Corporation (INTC) Explores Partial Sale of Altera Unit in Potential $17 Billion Deal to Unlock Capital

A recent article discusses Intel's position among other AI stocks and highlights McKinsey's report on the significant growth in data center power consumption in Europe by 2030. The surge in AI demand is driving investments in data center infrastructure. Hedge funds are showing interest in AI stocks for potential market outperformance.

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