Intel (INTC) Stock Soars 12% Following Cramer’s Bold AI Revolution Prediction

Key Highlights

• Intel shares jumped 12.06% Wednesday, reaching an all-time intraday peak of $94.95
• First quarter 2026 revenue climbed 7% year-over-year to $13.6 billion, marking Intel’s largest earnings surprise in over half a decade
• Second quarter 2026 revenue forecast calls for $13.8B–$14.8B, representing 7–14.7% growth versus prior year
• Jim Cramer praised the quarter as “outstanding,” highlighting CEO Lip-Bu Tan’s successful “cultural shift”
• Cramer predicts Intel and AMD will experience strong performance throughout the year due to AI-driven CPU demand

Shares of Intel (INTC) skyrocketed 12.06% during Wednesday’s trading session, finishing at $94.75 after momentarily reaching a record intraday peak of $94.95. The impressive rally came on the heels of robust quarterly results and enthusiastic remarks from CNBC’s Jim Cramer during his Mad Money broadcast.

Intel Corporation, INTC

The semiconductor giant delivered first quarter 2026 revenue totaling $13.6 billion, representing a 7% increase from the $12.7 billion recorded during the same period in 2025. Cramer characterized the performance as Intel’s most significant revenue outperformance in over five years, accompanied by margin expansion.

Intel’s shares had previously skyrocketed 23.6% on April 24 when the earnings were initially released, establishing a previous record high. Wednesday’s trading session tacked on an additional 12% gain.

Surging CPU Demand in AI Era Powers Results

The revenue outperformance stemmed from robust demand for central processing units, driven by what Cramer characterized as “the next leg of the AI revolution.” Intel’s CFO David Zinsner emphasized that escalating CPU demand enabled better pricing power, which directly contributed to the margin beat.

Cramer also emphasized that Intel’s newest generation of server processors is experiencing the most aggressive adoption curve the company has witnessed in five years.

For the second quarter of 2026, Intel’s revenue guidance anticipates a range of $13.8 billion to $14.8 billion. This outlook suggests growth between 7% and 14.7% when compared to the $12.9 billion generated in Q2 2025. The prior year’s second quarter showed flat performance versus Q2 2024, making the current forecast particularly noteworthy.

Cramer Spotlights AMD and Arm in Chip Sector

Addressing the wider semiconductor landscape, Cramer expressed confidence that CPU-focused companies — particularly Intel and AMD — would deliver solid results for the remainder of 2026.

AMD advanced 4.30% during the session, while Arm Holdings declined 1.53%. Cramer observed that stocks perceived as Intel “copycats” experienced steeper declines during trading, though he characterized this as a potential entry point for investors.

Intel’s first quarter 2026 earnings conference call reinforced that the server processor rollout represents the fastest product adoption the chipmaker has experienced in the past five years.

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