Intel: Even After The Massive Rally, There Is Still Further Upside From Here

After years of floundering in AI, Intel Corporation got a big break as the shift from training to agentic promised surging demand for its core data center CPU. For the upcoming earnings call, investors must be watchful for any hints on increasing capacity, as it implies strong demand for Intel's data center CPU and further foundry customer commitments. Lip-Bu Tan's venture capital background and recent initiatives gave me solid conviction that he is the ideal CEO for Intel as the company enters increased industry volatility. Though not as attractive as it used to be, I will maintain a 'Buy' rating for Intel due to surging demand for data center CPUs and the momentum of the foundry.

After reporting a blowout Q1 2026 quarter, Intel Corporation (INTC) stock price surpassed its all-time high, driven by renewed enthusiasm of investors on the role of CPUs in the changing AI landscape.