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Intel shares surge 177% YTD as CEO Lip-Bu Tan leads a strong AI-driven turnaround.

Market News
12 Aug 2026
24/7 Wall Street
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Bullish
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Intel's stock has soared 176.8% year to date under CEO Lip-Bu Tan, driven by strong Q2 2026 results and a focus on AI and data center growth. Revenue rose 25.42% year over year to $16.128 billion, with AI-related segments showing significant gains. Despite high valuation and cautious analyst ratings, Intel plans major investments and new chip production ramps in 2027-2028. The market remains watchful of foundry losses and competition as Intel aims to sustain its turnaround momentum.

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