How Intel Stock More Than Doubled Last Month

The stock market soared last month, as the S&P 500 (SNPINDEX: ^GSPC) index gained 10.4% in April. But some stocks rose even higher. For example, Intel (NASDAQ: INTC) shares rose 114.1% in April 2026, according to data from S&P Global Market Intelligence.

It takes a village to raise a child, and it takes several catalysts to double a classic semiconductor stock in 30 days or less. On the other hand, all of Intel’s tailwinds can be traced back to the ongoing artificial intelligence (AI) boom.

Will AI create the world’s first trillionaire? Our team just released a report on the one little-known company, called an “Indispensable Monopoly” providing the critical technology Nvidia and Intel both need. Continue »

Intel’s April hat trick of good news

In my eyes, Intel’s April run boils down to three separate (but related) events:

  1. On April 9, Intel’s Foundry-branded chip manufacturing services scored a couple of massive wins. The unit signed a long-term partnership with Tesla (NASDAQ: TSLA), making Intel a founding partner of the upcoming Terafab chip-making facility. At the same time, Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL) committed to using Intel Xeon processors and jointly developed accelerators in Google Cloud’s AI operations. Intel’s stock rose 10.5% that week.

  2. The big boom came on April 23, when Intel crushed Wall Street’s targets in its first-quarter report. Revenue grew 7% year over year to $13.6 billion while earnings swung to an adjusted profit of $0.29 per share. Analysts had expected earnings near $0.02 per share on sales in the neighborhood of $12.4 billion. The Data Center and AI division posted 22% revenue growth; Foundry sales increased by 16%. Intel’s stock skyrocketed 23.6% the next day.

  3. Finally, Intel confirmed that demand for AI chips is so high that customers are paying top dollar for chips that failed parts of the quality testing. The company can disable chip sections with significant manufacturing errors and still find customers willing to pay a premium for the working sections. In other words, Intel is making money from imperfect wafers formerly destined for the scrap heap. This revelation was good for another 12.1% stock jump on April 29.

After a 400% rally, Intel stock is still a relative bargain

Intel’s turnaround effort is paying off. As of this writing on May 4, the stock has bounced 412% from the 52-week lows of May 2025. The stock has outperformed arch rivals (and fellow market-beaters) Advanced Micro Devices (NASDAQ: AMD) and Nvidia (NASDAQ: NVDA) over the last year:

Source link

Visited 1 times, 1 visit(s) today

Related Article

ASX Value Picks Predictive Discovery And 2 More Stocks Estimated Below Intrinsic Value

As the Australian share market enters Week 19 with a cautious tone, investors are closely watching the Reserve Bank of Australia’s upcoming decision on interest rates, which could influence market dynamics. In this environment of uncertainty and fluctuating indices, identifying undervalued stocks can offer potential opportunities for those seeking to invest in companies estimated to

The Stock Market Is Doing Something for Only the 4th Time in 156 Years — and History Is Very Clear About What Happens Next

It’s an exciting time in the stock market. Investors are racing to invest in SpaceX stock, which could reach a valuation of $2 trillion. Meanwhile, artificial intelligence stocks continue to hit new highs, fueling speculative new adjacent markets like the market for small modular nuclear reactors. When you pay closer attention, however, something troubling is

3 Company Earnings to Watch This Week (May 4-8)

There’s no denying that artificial intelligence (AI) has been one of the biggest drivers of stock market gains over the past several years, but investors have grown wary. Some fear the low-hanging fruit has already been picked, while others are trying to separate the wheat from the chaff. Despite fears to the contrary, evidence is

Citi’s data could change how you invest at S&P 500 highs

A new analysis from Citi Wealth’s Investment Lab challenges one of investing’s most ingrained habits: waiting for a pullback before putting money to work. Drawing from six-and-a-half decades of data dating back to 1960, the findings paint a picture most casual investors would find counterintuitive, and the implications could reshape how you think about deploying

What Is Thermo Fisher Scientific Inc.’s (NYSE:TMO) Share Price Doing?

Today we’re going to take a look at the well-established Thermo Fisher Scientific Inc. (NYSE:TMO). The company’s stock received a lot of attention from a substantial price movement on the NYSE over the last few months, increasing to US$627 at one point, and dropping to the lows of US$464. Some share price movements can give

The market’s next test could come down to two stocks

CEO of Palantir Technologies Alex Karp speaks during the World Economic Forum (WEF) annual meeting in Davos on Jan. 20, 2026. Fabrice Coffrini | AFP | Getty Images The U.S. stock market is on a tear, clearing one hurdle after another, from elevated crude oil prices and geopolitical tensions to five of the seven “magnificent”

Corporate earnings resilience outweighs war concerns! Under the AI bull market narrative, US stocks may break the ‘May curse’.

Morgan Stanley strategists stated that robust earnings from U.S. companies, led by a thriving technology sector, are overshadowing concerns that conflicts in the Middle East could weigh on the stock market. According to Zhitong Finance APP, Morgan Stanley strategists stated that robust earnings from U.S. companies led by a thriving technology sector are overshadowing concerns

Italian Wine Brands announces new treasury share buyback programme

Real-time Borsa Italiana 06:41:01 2026-05-04 am EDT 5-day change 1st Jan Change 20.05 EUR +1.16% -0.99% -6.31% Published on 05/04/2026 at 05:10 am EDT Reuters This article is reserved for members Unlock the article: REGISTER NOW! © Reuters – 2026 DurationAuto.2 months3 months6 months9 months1 year2 years5 years10 yearsMax. PeriodDayWeek Italian Wine Brands SpA, formally

The Cheap Way to Own the Entire U.S. Stock Market Right Now

Many people think investing in stocks is about hitting the jackpot on “the next big thing” and receiving generational gains. Of course, that would be nice, but sound investing can be much more predictable and straightforward. Instead of chasing individual winners, you can invest in the U.S. stock market as a whole and benefit from

Columbus A/S : – Weekly report on share buyback

Real-time Estimate Cboe Europe 04:57:44 2026-05-04 am EDT 5-day change 1st Jan Change 10.02 DKK -0.79% +1.00% +5.87% Published on 05/04/2026 at 04:11 am EDT Publicnow English Published: 2026-05-04 10:07:06 CEST Columbus A/S – Changes in company’s own shares Columbus – Weekly report on share buyback Company announcement no. 34/2026 Transactions in the period 27

BioMerieux : AG 2026 – Special report on performance share grants and stock options

Real-time Euronext Paris 04:00:05 2026-05-04 am EDT 5-day change 1st Jan Change 71.80 EUR +0.14% +0.70% -34.90% Published on 05/04/2026 at 02:49 am EDT Publicnow 7 Share capital and shareholding Special report on performance share grants and stock options Dividend policy The distribution policy is decided in light of the yearly analysis of the Company’s

Super Micro (SMCI) Q1 Earnings Report Preview: What To Look For

Server solutions provider Super Micro (NASDAQ:SMCI) will be reporting results this Tuesday after market close. Here’s what you need to know. Super Micro beat analysts’ revenue expectations last quarter, reporting revenues of $12.68 billion, up 123% year on year. It was an incredible quarter for the company, with a beat of analysts’ EPS estimates and

Three Undiscovered Asian Gems With Promising Potential

As global markets navigate a complex landscape marked by geopolitical tensions and shifting central bank policies, Asian equities present intriguing opportunities for investors seeking growth beyond the familiar large-cap stocks. In this dynamic environment, identifying promising small-cap companies with robust fundamentals and strategic positioning can offer unique advantages, especially as these firms often remain under

Middle Eastern Penny Stocks: 3 Picks With Market Caps Over US$10M

Middle Eastern stock markets have seen modest gains recently, with UAE indices slightly edging up despite ongoing geopolitical tensions. While the term ‘penny stock’ might sound like a relic from past trading days, it still highlights smaller or less-established companies that can offer significant value. By focusing on those with robust financials and clear growth

Why Eli Lilly Stock Jumped This Week

Shares of Eli Lilly (LLY +3.30%) rose this past week after the medicine maker reported skyrocketing profits fueled by sales of its blockbuster weight loss drugs. Image source: Getty Images. Demand for GLP-1 drugs is booming Eli Lilly’s revenue surged 56% year over year to $19.8 billion in the first quarter. The healthcare giant has

0
Would love your thoughts, please comment.x
()
x