Jim Cramer Didn’t Hold Back On SpaceX’s IPO & Discussed These 5 Stocks

3. Intel Corporation (NASDAQ:INTC)

Number of Hedge Fund Holdings in Q1 2026: 112

Chip manufacturing giant Intel Corporation (NASDAQ:INTC) is one of the hottest stocks on the market in 2026. The shares are up by 168% year-to-date as investors react favorably to its turnaround efforts and the potential to target red-hot AI demand. Cramer has been a long-time believer in Intel Corporation (NASDAQ:INTC)’s CEO, Lip-Bu Tan, who is currently spearheading the turnaround. Wells Fargo discussed the firm on June 1st as it raised the share price target to $110 from $85 and kept an Equal Weight rating on the shares. As part of its coverage, the bank commented on the demand for agentic AI as proving beneficial for Intel Corporation (NASDAQ:INTC)’s CPUs. It added that the chip manufacturer could benefit from economies of scale as well. Mizuho raised the share price target to $128 from $124 and kept a Neutral rating. Like Wells Fargo, it also commented on the benefits of agentic AI for Intel Corporation (NASDAQ:INTC). As for Cramer, he discussed the firm in the context of Taiwan’s TSMC and Broadcom:

“Intel is an alternative to Taiwan semi not Broadcom. I still think Hock has to buy stock. It is a 2028 deal. I am VERY skeptical about this…

“Intel Foundry? ready in 2028? let’s hope so and we own Intel for trust”

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