Why These 5 Stock Giants Were Suddenly On Fire in April

3. Intel Corporation (NASDAQ:INTC)

YTD Performance: 167.43%

Intel Corporation (NASDAQ:INTC) is one of the top stock giants that were suddenly on fire in April. Tigress Financial lifted the price target on Intel Corporation (NASDAQ:INTC) to $118 from $66 on April 30, reiterating a Buy rating on the shares. The firm told investors in a research note that it is positive on the company’s “incredibly strong” Q1 results, 18A execution, and AI data center and PC supercycle, which point towards a key AI-driven inflection point and accelerating momentum.

Intel Corporation (NASDAQ:INTC) announced financial results for fiscal Q1 2026 on April 23, reporting that revenue for the quarter reached $13.6 billion, up 7% year-over-year. First-quarter earnings (loss) per share attributable to the company were $0.73, while non-GAAP EPS attributable to Intel Corporation (NASDAQ:INTC) were $0.29. Management further reported that it is forecasting fiscal Q2 2026 revenue in the range of $13.8 billion to $14.8 billion, and is expecting fiscal Q2 2026 EPS attributable to the company of $0.08 and non-GAAP EPS of $0.20.

Intel Corporation (NASDAQ:INTC) is involved in the design, sale, and manufacture of computer products and technologies. It delivers data storage, computer, networking, and communications platforms. The company’s operations are divided into the following segments: Client Computing Group (CCG), Data Center and AI (DCAI), Intel Foundry Services (IFS), and All Other.