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المشهد العربي
Data center processor demand boosts Intel and Arm
The shares of my company, Intel and ARM, rose significantly during trading, supported by increased demand for data center processors used in artificial intelligence. Intel’s CEO confirmed that the company is currently meeting only about 50% of the actual demand, indicating a high level of interest in its advanced processors. Intel’s stock surged by 11.95%, closing at $121.57, while ARM’s shares increased by 16.04% to reach $319.82, amid expectations of rising demand for data centers in the market.
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