Intel's upbeat outlook suggests CEO Lip-Bu Tan is making progress on a turnaround, having strengthened the company's balance sheet and now improving operations (Ian King/Bloomberg)

<a href="https://www.bloomberg.com/news/articles/2026-04-23/intel-gives-strong-outlook-in-sign-of-payoff-from-ai-spending"><img align="RIGHT" border="0" hspace="4" src="http://www.techmeme.com/260425/i6.jpg" vspace="4" /></a> <p><a href="http://www.techmeme.com/260425/p6#a260425p6" title="Techmeme permalink"><img height="12" src="http://www.techmeme.com/img/pml.png" style="border: none; padding: 0; margin: 0;" width="11" /></a> Ian King / <a href="https://www.bloomberg.com/">Bloomberg</a>:<br /> <span style="font-size: 1.3em;"><b><a href="https://www.bloomberg.com/news/articles/2026-04-23/intel-gives-strong-outlook-in-sign-of-payoff-from-ai-spending">Intel's upbeat outlook suggests CEO Lip-Bu Tan is making progress on a turnaround, having strengthened the company's balance sheet and now improving operations</a></b></span>&nbsp; &mdash;&nbsp; Intel's Strong AI-Fueled Forecast Tops Estimates&nbsp; &mdash;&nbsp; Video Player is loading.&nbsp; &mdash;&nbsp; Unmute&nbsp; &mdash;&nbsp; Current Time 0:00 Loaded: 19.25% Playback Rate</p>