00:00It's Benzinga, bringing Wall Street to Main Street.
00:02Intel shares surged Thursday after strong results from Microsoft and Samsung reinforced expectations
00:09for sustained AI infrastructure spending across the semiconductor industry, according to Benzinga.
00:14Microsoft reported fourth quarter earnings of $4.74 per share on revenue of $90.01 billion,
00:22topping analyst expectations.
00:23Azure revenue grew 43% and surpassed $100 billion in annual revenue for the first time.
00:30Microsoft's results confirmed that AI infrastructure spending and related chip demand remain on a sustained upward trajectory for companies like
00:37Intel.
00:38Shares were up by 16.02% at $95 in Friday's pre-market trading, according to Benzinga Pro.
00:45For all things money, visit Benzinga.com.
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