We recently published Jim Cramer Didn’t Hold Back On SpaceX’s IPO & Discussed These 12 Stocks.
Intel Corporation (NASDAQ:INTC) is one of the stocks discussed by Jim Cramer
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.