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Home»Finance»Intel (INTC) Soars to All-Time High Ahead of Business Updates
Finance

Intel (INTC) Soars to All-Time High Ahead of Business Updates

May 7, 2026No Comments2 Mins Read
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Intel (INTC) Soars to All-Time High Ahead of Business Updates
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Intel Corp. (NASDAQ:INTC) is among the 10 Shares Turning Heads With Double-Digit Good points.

Intel Corp. climbed to a recent all-time excessive on Tuesday as buyers started positioning portfolios forward of the upcoming participation of its chief government officer (CEO), Lip-Bu Tan, in a know-how convention this month.

In an up to date report, Intel Corp. (NASDAQ:INTC) stated that Tan would take part in a hearth chat on the JPMorgan International Expertise, Media and Communications Convention on Might 19, to be adopted by Chief Finance Officer John Pitzer in one other fireplace chat on the BofA International Expertise Convention on June 2.

Intel Corp.’s headquarters, the Robert Noyce Constructing in Santa Clara, California. Picture from Intel Corp web site

Each executives are set to debate the corporate’s enterprise and company technique.

In latest information, Intel Corp. (NASDAQ:INTC) reported a stellar earnings efficiency within the first quarter of the yr, with revenues rising by 7 p.c to $13.6 billion versus $12.7 billion in the identical interval in 2025, primarily pushed by the robust demand for CPUs amid the quickly rising AI period.

For the second quarter of the yr, Intel Corp. (NASDAQ:INTC) is concentrating on revenues to develop by 7 to 14.7 p.c to a spread of $13.8 billion to $14.8 billion, versus the $12.9 billion in the identical interval in 2025.

In the meantime, final yr’s second-quarter revenues had been flat from the identical interval in 2024.

Whereas we acknowledge the potential of INTC as an funding, we imagine sure AI shares provide larger upside potential and carry much less draw back danger. For those who’re on the lookout for a particularly undervalued AI inventory that additionally stands to learn considerably from Trump-era tariffs and the onshoring pattern, see our free report on the finest short-term AI inventory.

READ NEXT: 33 Shares That Ought to Double in 3 Years and Cathie Wooden 2026 Portfolio: 10 Finest Shares to Purchase. 

Disclosure: None. Comply with Insider Monkey on Google Information.

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