Sizzling Returns: 5 Tech Stocks That Just Hit New All-Time Highs

4. Intel Corporation (NASDAQ:INTC)

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.

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.