"Analyzing Intel's Q3 Earnings: PC Sales and Datacenter Business Take Center Stage"
TL;DR Summary
Intel is set to report its Q3 earnings, with a focus on the rebounding PC market and its datacenter business. The chipmaker is expected to post a decline in revenue compared to the same period last year, but analysts anticipate a positive step forward. The PC market, which has been affected by the pandemic, is expected to return to growth in Q4, which could benefit Intel. However, competition from rival Nvidia, which is working on its own Arm-based CPUs for Windows PCs, could overshadow the announcement. Intel is also looking to catch up to Nvidia in terms of AI capabilities.
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