Intel Corporation (NASDAQ: INTC) is scheduled to report second-quarter 2024 results on Aug 1, after the closing bell. In the to-be-reported quarter, the company is likely to have recorded higher revenues year over year from the Client Computing Group, backed by a strong emphasis on product innovation. Efforts to increase efficiency in semiconductor manufacturing and improve the supply chain are positive factors. Factors at Play CCG is the company's largest segment and accounts for the lion's share of total revenues. It includes computer CPUs, several server boards, form factor systems and graphic products. During the second quarter, Intel announced that it has surpassed 500 AI models optimized for the Intel core Ultra processors. The models cover a wide array of AI applications including large language models, diffusion, super resolution, object detection and computer vision. These AI applications can be deployed across various processing units within the Ultra Core processors, including CPU, GPU and NPU (Neural Processing Unit). This has significantly bolstered Intel's position in the emerging market of AI PCs. Intel is steadily advancing towards its target of shipping more than 40 million AI ...