Why Intel Stock Has Hit All Time Today

Intel shares soared on April 24 after investors received a clear signal that the company could benefit from the AI ​​boom.

The stock rose more than 24% to about $83 in early trading, surpassing its all-time high since 2000 and raising Intel’s market value to more than $416 billion.

The meeting followed stronger-than-expected earnings and guidance that said demand for Intel’s CPUs was rising faster than Wall Street expected.

AI Needs Back to CPU

The main driver is the evolution of AI products. The first phase of the AI ​​boom centered on GPUs, led by Nvidia.

Now, more Types of AI they are moving from education to work, where CPUs play a major role.

Intel said demand from AI service providers was so strong in the first quarter that it sold off chips it had already turned off.

CFO David Zinsner said strong availability also allowed the company to raise prices and sell older products it didn’t expect to move.

This changed Intel’s market outlook. Marketers are starting to see the company as a direct beneficiary of AI concepts, where models answer user questions and take care of many problems.

Intel was up 28% in one day, the biggest hit since the dot-com era.

>Intel was a top semiconductor fund for many years. Abandonment for the dead. The stock sold for about $19 a year ago.

Tonight they are trading above $83. Up 100% this year. 224%… pic.twitter.com/bqhLFAOoeD

– Jeremy (@Jeremybtc) April 24, 2026

Earnings Fueled the Rally

Intel reported first quarter revenue of $13.58 billion, above estimates of $12.42 billion. Its data center and AI division generated $5.1 billion, also ahead of expectations.

The advice was very important. Intel expects second-quarter revenue between $13.8 billion and $14.8 billion, compared to Wall Street estimates of $13.07 billion.

Investigators responded quickly. At least 23 brokerages raised their prices after the results, with HSBC pointing to demand for Intel’s Xeon server CPUs.

$INTC IT IS UP ALMOST 30% TODAY

I don’t think people realize how bad it is that customers are paying full price for what Intel already wrote.

This only happens when clients have enough power to take every available CPU regardless of… pic.twitter.com/iwtI1cTP9Z

— Shay Boloor (@StockSavvyShay) April 24, 2026

Can the Meeting Continue?

The conference may continue if Intel proves that this is a problem. The Tesla 14A contract and growing AI CPU demand gives investors a strong case for change.

However, the stock is now trading at around 90 times forward earnings, at a high AMD and Nvidia. That leaves room for frustration.

Tesla CEO Elon Musk said Tesla wants to use Intel’s $INTC 14 The “Terafab” plan is great, and I call it the right move when the point matures. They require memory, logic, masks, and packaging under one roof for faster chip iteration.

– Wall St Engine (@wallstengine) April 22, 2026

Intel has power. In order to maintain this, the company must demonstrate that today’s increase was the beginning of AI-driven growth, and not a quarterly calculation with a price increase.

A note Why Intel Stock Has Hit All Time Today appeared for the first time BeInCrypto.

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