[Intel Revenue and Outlook Exceed Expectations, Stock Price Surges 13% After Hours] BlockBeats News, July 24 — Intel (INTC.O) released unexpectedly strong revenue forecasts, indicating that a surge in data center spending is helping the chipmaker achieve a long-awaited recovery. The company stated that it expects third-quarter sales to reach between $15.8 billion and $16.8 billion. Even the lower end of this range easily surpasses analysts' average estimate of $15.1 billion. This forecast highlights Intel's growth momentum among data center customers, who are urgently seeking chips to meet the demands of artificial intelligence computing. Last quarter, sales in this sector soared by 59%, more than double Intel's overall revenue growth rate. According to BIT (bit.com) market data, following the earnings report, Intel's stock price surged by as much as 13% in after-hours trading before retreating to a 3.48% gain. Additionally, Intel's second-quarter revenue reached $16.13 billion, also exceeding the market expectation of $14.43 billion.