Shares of Intel (NASDAQ: INTC) shot up 21.5% in May, according to data from S&P Global Market Intelligence. Investors are clamoring for any stock associated with computer chip manufacturing used for the artificial intelligence (AI) revolution. Once considered a loser because of AI, Intel’s manufacturing expertise is increasingly in demand, leading investors to flip the momentum in the opposite direction.
Intel stock is up 452% in the last twelve months as of this writing on June 3rd, 2026. Here’s why the stock was rising in May, and whether now is the best time to get in on the party.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a “Double Down” signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same “Total Conviction” signal is flashing for a company 1/100th the size of Nvidia. Continue »
Massive semiconductor momentum
Semiconductors and computer chips are vital for AI, but their use cases have evolved in recent years. In the early days, training AI software required using what are called graphical processing units (GPUs), which is what led Nvidia to become the largest company by market cap in the world.
Now that processing needs are shifting to consumers and enterprises using AI software, there is greater demand for traditional central processing units (CPUs), both on devices and in the cloud. Intel has been a leading player in CPUs for decades and should benefit from this trend. Revenue has finally begun to grow for the beleaguered giant, up 7% year-over-year last quarter.
Forward-looking indicators seem promising as well. Intel has a rumored deal with its upstart foundry competitor with Apple, one of the largest purchasers of semiconductors in the world. Cloud providers such as Microsoft and Amazon are also working with Intel, either purchasing branded Intel chips or planning to utilize Intel’s foundry for their own computer chip designs.
What’s more, Intel now has full backing from the United States government, becoming a shareholder last year. This makes Intel…
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