tech
Jim Cramer: This third-best S&P 500 stock in 2026 can jump another 40%
"Intel is going to $200 like a rocket ship," Jim Cramer said Tuesday.
TL;DR
- Jim Cramer predicts Intel could reach $200 per share, a 40% increase.
- Intel is currently the third-best S&P 500 performer in 2026, with a 285% gain.
- Cramer believes CPUs are becoming more valuable than GPUs for agentic AI tasks.
- Intel's chip manufacturing (foundry) business is seen as a competitive edge and a solution for production capacity shortages.
- The White House views Intel as a national treasure, and its foundry business is a priority for CEO Lip-Bu Tan.
- Donald Trump mentioned a potential deal between Intel and Apple for chip design and manufacturing in the U.S., though not confirmed by the companies.
- Intel competes with Taiwan Semiconductor Manufacturing Company (TSMC) and Advanced Micro Devices (AMD).