Intel (INTC) Soars to All-Time High Ahead of Business Updates

Intel Corp. (NASDAQ:INTC) is one of the 10 Stocks Turning Heads With Double-Digit Gains.

Intel Corp. climbed to a fresh all-time high on Tuesday as investors began positioning portfolios ahead of the upcoming participation of its chief executive officer (CEO), Lip-Bu Tan, in a technology conference this month.

In an updated report, Intel Corp. (NASDAQ:INTC) said that Tan would participate in a fireside chat at the JPMorgan Global Technology, Media and Communications Conference on May 19, to be followed by Chief Finance Officer John Pitzer in another fireside chat at the BofA Global Technology Conference on June 2.

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

Both executives are set to discuss the company’s business and corporate strategy.

In recent news, Intel Corp. (NASDAQ:INTC) reported a stellar earnings performance in the first quarter of the year, with revenues growing by 7 percent to $13.6 billion versus $12.7 billion in the same period in 2025, primarily driven by the strong demand for CPUs amid the rapidly growing AI era.

For the second quarter of the year, Intel Corp. (NASDAQ:INTC) is targeting revenues to grow by 7 to 14.7 percent to a range of $13.8 billion to $14.8 billion, versus the $12.9 billion in the same period in 2025.

Meanwhile, last year’s second-quarter revenues were flat from the same period in 2024.

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 the cheapest AI stock.

READ NEXT: 33 Stocks That Should Double in 3 Years and Cathie Wood 2026 Portfolio: 10 Best Stocks to Buy. 

Disclosure: None. Follow Insider Monkey on Google News.