Intel results to show if barrage of investments in chipmaker paying off
(Reuters) -Intel's third-quarter results on Thursday will show whether a clutch of recent high-profile investments can shore up its strained finances as new CEO Lip-Bu Tan attempts to revive the ailing chipmaker. Multi billion-dollar investments from Nvidia and Japan's SoftBank as well as an unprecedented U.S. government stake during the September quarter provided bright spots in Intel's long-running turnaround. The investments have helped its shares double in value this year and outpace gains in AI darl ...