We recently published Jim Cramer Discussed Expensive Phones, A Cheap Stock Sector & These 18 Stocks. Intel Corporation (NASDAQ:INTC) is one of the stocks discussed by Jim Cramer.
Chip manufacturing giant Intel Corporation (NASDAQ:INTC)’s shares are among the hottest on the market. They are up by a whopping 535% over the past year and 240% year-to-date. Ever since the firm’s new CEO, Lip-Bu Tan, took over, Cramer has been nothing but optimistic about Intel Corporation (NASDAQ:INTC). He holds the opinion that Tan is one of the best executives in the semiconductor industry and marks a breath of fresh air over his predecessor, Patrick Gelsinger. On June 1st, Wells Fargo discussed Intel Corporation (NASDAQ:INTC) and raised the share price target to $110 from $85 and kept an Equal Weight rating on the shares. The bank remarked that the firm was slated to benefit from the growth in agentic AI demand. Cramer discussed Intel Corporation (NASDAQ:INTC) in several tweets:
“Intel will work.. best area of complex
“I know i pushed club members hard yesterday to buy Intel, I have not been able to confirm the Intel-AAPL deal that the president posted about in Truth Social. Hold on!”
Jim Cramer Discusses President Trump’s Big Intel (INTC) Announcement
Photo by Slejven Djurakovic on Unsplash
While we acknowledge the potential of INTC as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.
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