Jim Cramer Discusses President Trump’s Big Intel (INTC) Announcement

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!”

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.

1281292 - 11759070 - 1