Intel gets surprise data-center tailwind as it looks toward ‘meaningful’ AI growth next year

The coming year could be one of stabilization for Intel Corp. as it begins to recognize material gains from artificial-intelligence spending, which could give its data-center business a surprise tailwind.

That’s what Intel INTC Chief Financial Officer David Zinsner told an audience Wednesday at the Citi Global Technology Conference in New York, adding that one of the big surprises of the year has been better-than-expected data-center sales following a quarter in which the chip maker reported its largest quarterly loss on record.

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