Jim Cramer Insisted Recent AI Chip Selloff Wasn’t A Bottom & Discussed These 17 Stocks 

14. Intel Corporation (NASDAQ:INTC)

Number of Hedge Fund Holdings in Q1 2026: 112

While Intel Corporation (NASDAQ:INTC) has been one of the hottest stocks in 2026, the shares have struggled recently. Over the year and year-to-date, the stock is up by 343% and 165%, respectively. However, in July, Intel Corporation (NASDAQ:INTC)’s stock is down by 23%. On June 29th, Cantor Fitzgerald raised the share price target to $150 from $90 and kept a Neutral rating on the shares. As part of its coverage, the financial firm remarked that Intel Corporation (NASDAQ:INTC) at the center of a generational semiconductor cycle driven by the booming demand for AI chips. Cramer discussed the recent movement in the shares and cautioned against reading into the dip too much:

“GEV, CAT, INTC–no top just a brutal rotation”

Aoris Investment Management discussed Intel Corporation (NASDAQ:INTC) in its Q1 2026 investor letter:

“Customer needs evolve, and good businesses evolve with them. Those that don’t are more vulnerable to technological change. Intel Corporation (NASDAQ:INTC) perhaps knew more about microprocessors than anyone two decades ago, but it was rigid and inflexible in its thinking. With its belief that what matters most is the computational power of its chips, it missed the rising importance of battery life and with it, the vast opportunity in mobile phones.”