Intel Stock Soars Nearly 20% Overnight As Jim Cramer Says 'Paranoid' INTC Is Back, Gene Munster Notes AI Boom Still Early

Benzinga_recent_news04-24

The chipmaker reported earnings of 29 cents per share, far exceeding the consensus estimate of 1 cent. Revenue came in at $13.58 billion, topping expectations of $12.42 billion and rising from $12.67 ...

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the consensus estimate of 1 cent.\nRevenue came in at $13.58 billion, topping expectations of $12.42 billion and rising from $12.67 ...</p>\n\n<a href=\"https://www.benzinga.com/markets/tech/26/04/52021332/intel-stock-soars-20-jim-cramer-paranoid-intc-gene-munster-ai-boom-early\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU0097036916.USD","symbol_name":"贝莱德美国增长A2 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said that Intel shares are reaching record levels even before its foundry business begins to make a meaningful contribution.\n\"Intel has a bright future and it's still very early,\" Newman stated.\nDeepwater Asset Management's managing partner took to X and said that Intel's results reflect a broader industry trend tied to artificial intelligence.\n\"Results go beyond Intel and remind us how early we are in the AI buildout,\" Munster said.\nHe also shared a video from his appearance on CNBC, in which he noted that his firm had exited its position in Intel.\nHe described Intel as a company that had been \"on the ropes,\" with declining revenue and talent departures, but is now showing signs of a sharp turnaround.\nMunster framed the shift as part of a broader industry dynamic, saying the surge reflects a \"rising tide\" driven by accelerating demand for AI infrastructure\nThe move could mark Intel's first major external customer for its advanced foundry technology, a key step in competing with TSMC.\nIntel ranks in the 96th percentile for Momentum on Benzinga Edge, highlighting its robust performance across short, medium and long-term trends.\nDisclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.\nPhoto: Tupungato / Shutterstock\nTo add Benzinga News as your preferred source on Google, click here.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"dataReport","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; 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