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Industry

Intel to Become the Next Trillion-Dollar Semiconductor Company

The company is banking on growing demand from AI agents

22 Oct, 12:38Read in Russian
Unsplash — Slejven Djurakovic

Intel's market capitalization currently stands at approximately $500 billion, meaning the company will need to double its value to meet the forecast.

Tykoćinski expects Intel's profits to grow by more than 100% over the next couple of years. He attributes the company's potential to the fact that AI agents break tasks into a greater number of operations and typically use CPUs more actively than chatbots; Intel and AMD are the largest producers of such processors.

Maverick ended the second quarter with an Intel stake worth over $500 million. At that time, it was the fund's fourth-largest public investment.

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Original source: Business Insider (Feedburner)

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