The stock jumped 114% in April, hit a record high for the first time since 2000 and lifted Intel's market value above $470bn.
Investors were buoyed by strong earnings, promising 18A output from Intel's Arizona plant and rising AI-driven CPU demand from customers including Google, Microsoft and Amazon.
The rally extends Intel's turnaround under CEO Lip-Bu Tan after a 60% plunge in 2024, though analysts say valuation still runs ahead of revenue recovery and foundry execution.
With its next-gen server CPUs delayed, can Intel’s AI comeback outrun its significant product execution challenges?
Agentic AI is reviving the CPU's importance, but is this a lasting power shift or a temporary market bottleneck?
As the US government becomes Intel's top shareholder, how will this alliance reshape the global semiconductor power balance?