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Intel (INTC) Is Among The Tech Stocks That Have Just Hit New All-Time Highs

After hitting its all-time high of $100.45 on May 1, 2026, Intel Corporation (NASDAQ:INTC) ranks among the 7 tech stocks that have just hit new all-time highs. The stock has gained 238.54% so far in 2026 as of May 8, 2026.

Intel Corp.’s headquarters, the Robert Noyce Building in Santa Clara, California. Photo from Intel Corp website

This rally is anchored in something the market had long stopped expecting: a genuine fundamental comeback.

Following its Q1 earnings release, Intel Corporation (NASDAQ:INTC) surged more than 24% to $83 on April 24, 2026, surpassing its dot-com era peak from 2000 and pushing its market cap above $416 billion, according to a Reuters report.

Intel Corporation (NASDAQ:INTC) reported revenue of $13.6 billion, reflecting a 7% year-over-year increase, with non-GAAP EPS of $0.29 and $1.1 billion in cash from operations. This marked a sixth consecutive quarter of above-guidance revenue.

Rising demand for Xeon server CPUs in AI data centers pushed Intel Corporation (NASDAQ:INTC) to sell chips it had originally written off. Furthermore, Xeon 6 was selected as the host CPU for NVIDIA’s DGX Rubin NVL8 systems, while a multiyear collaboration with Google advanced Xeon deployment across workload-optimized cloud instances.

That momentum continued to build as management guided to Q2 2026 revenue of $13.8–$14.8 billion and non-GAAP EPS of $0.20.

Citing “incredibly strong” Q1 results and 18A execution, Tigress Financial said that an AI data center and PC supercycle confirm Intel’s multi-year structural comeback. Accordingly, the firm raised its price target on Intel Corporation (NASDAQ:INTC) from $66 to $118 on April 30, 2026.

On the same day, Intel Corporation (NASDAQ:INTC) raised $6.5 billion by issuing senior notes with maturities between 2031 and 2066. Part of the proceeds will be directed toward the $14.2 billion agreement signed on April 1, 2026, to repurchase Apollo’s 49% stake in the Fab 34 Ireland joint venture. The company expects the transaction to boost its earnings and credit profile from 2027 onward.

On May 1, 2026, U.S. antitrust authorities completed their review of Intel’s $35 million investment in SambaNova, bringing the company’s stake to 8.2%. The investment came alongside a plan to pair SambaNova’s RDUs with its Xeon 6 processors, reflecting Intel Corporation’s (NASDAQ:INTC) broader push to build out its position in AI infrastructure.

Intel Corporation (NASDAQ:INTC) designs, manufactures, and sells computing and related products and services globally.

While we acknowledge the risk and potential of INTC as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than INTC and that has 10,000% upside potential, check out our report about this cheapest AI stock.

READ NEXT: 33 Stocks That Should Double in 3 Years and 15 Stocks That Will Make You Rich in 10 Years.

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The $250 Trillion AI Hype is Real. A few years from now, you’ll probably wish you’d bought this stock.

When Jeff Bezos said that one breakthrough technology would shape Amazon’s destiny, even Wall Street’s biggest analysts were caught off guard.

Fast forward a year and Amazon’s new CEO Andy Jassy described generative AI as a “once-in-a-lifetime” technology that is already being used across Amazon to reinvent customer experiences.

At the 8th Future Investment Initiative conference, Elon Musk predicted that by 2040 there would be at least 10 billion humanoid robots, with each priced between $20,000 and $25,000.

Do the math. According to Musk, this technology could be worth $250 trillion by 2040.

Put another way, that’s roughly equal to:

  • 175 Teslas
  • 107 Amazons
  • 140 Metas
  • 84 Googles
  • 65 Microsofts
  • And 55 Nvidias

And here’s the wild part — this $250 trillion wave isn’t tied to one company, but to an entire ecosystem of AI innovators set to reshape the global economy.

It’s a leap so massive, it could reshape how businesses, governments, and consumers operate worldwide.

Even if that $250 trillion figure sounds ambitious, major firms like PwC and McKinsey still see AI unlocking multi-trillion-dollar potential.

How could anything be worth that much?

The answer lies in a breakthrough so powerful it’s redefining how humanity works, learns, and creates.

And this breakthrough has already set off a frenzy among hedge funds and Wall Street’s top investors.

What most investors don’t realize is that one under-owned company holds the key to this $250 trillion revolution.

In fact, Verge argues this company’s supercheap AI technology should concern rivals.

Before I reveal the details, let’s talk about how some of the richest people on the planet are positioning themselves.

  • Bill Gates sees artificial intelligence as the “biggest technological advance in my lifetime,” more transformative than the internet or personal computer, capable of improving healthcare, education, and addressing climate change.
  • Larry Ellison — through Oracle, is spending billions on Nvidia chips and partnering with Cohere to embed generative AI across Oracle’s cloud and apps.
  • Warren Buffett — not known for tech hype — says this breakthrough could have a ‘hugely beneficial social impact.

When billionaires from Silicon Valley to Wall Street line up behind the same idea — you know it’s worth paying attention to.

Even as we admire what Tesla, Nvidia, Alphabet, and Microsoft have built, we believe an even greater opportunity lies elsewhere…

But the real story isn’t Nvidia — it’s a much smaller company quietly improving the critical technology that makes this entire revolution possible.

And judging by what I’m hearing from both Silicon Valley insiders and Wall Street veterans…

This prediction might not be bold at all:

A few years from now, you’ll wish you’d owned this stock.

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