Intel's blockbuster results lift shares to dotcom peak, fire up sector

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Intel's blockbuster results lift shares to dotcom peak, fire up sector

Sales to cloud computing providers surge 48 percent.

Intel Corp's shares hit their highest in nearly two decades on Friday after cloud computing demand fired up the chipmaker's data center business and allayed concerns of market share loss to rival AMD, lifting stocks across the sector. At least 15 brokerages raised their price targets on Intel's ...

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