Intel (INTC) CEO is Doing An Amazing Job, Says Jim Cramer

Group 1 - Intel Corporation's shares have increased by 137% over the past year and are up by 19.9% year-to-date in 2026, driven by announcements of new AI processors utilizing 18A chip manufacturing technology [2] - Melius Research upgraded Intel's shares from Hold to Buy, maintaining a price target of $50, based on the potential interest from Apple and NVIDIA in Intel's next-generation 14A chip technology [2] - Intel is focusing on its core chip business while expanding foundry operations, restructuring by spinning off non-core units, and pursuing government-backed initiatives to enhance U.S. semiconductor leadership [3] Group 2 - The company is recognized as a global leader in semiconductor design and manufacturing, producing CPUs, GPUs, and AI accelerators for various applications [3] - Intel's CEO, Lip-Bu Tan, is noted for effectively steering the company towards its core business and enhancing competitiveness against rivals like NVIDIA, AMD, and TSMC [3] - Jim Cramer highlighted Intel's connections with the U.S. government, suggesting that the President's significant position in the stock may positively influence its prospects [2]