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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. Mizuho raised the share price target to $128 from $124 and kept a Neutral rating. Like Wells Fargo, it also commented on the benefits of agentic AI for Intel Corporation (NASDAQ:INTC). As for Cramer, he discussed the firm in the context of Taiwan’s TSMC and Broadcom:

“Intel is an alternative to Taiwan semi not Broadcom. I still think Hock has to buy stock. It is a 2028 deal. I am VERY skeptical about this… “Intel Foundry? ready in 2028? let’s hope so and we own Intel for trust”

Photo by Slejven Djurakovic on Unsplash

While we acknowledge the potential of INTC as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

READ NEXT: 33 Stocks That Should Double in 3 Years and Cathie Wood 2026 Portfolio: 10 Best Stocks to Buy. 

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