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Intel soars on double upgrade from BofA. Here's what Jim Cramer says investors must do
Intel has become a star of the artificial intelligence trade, and Jim Cramer said investors need to own the stock. "If you don't own Intel, please buy it," said Jim during Thursday's Morning Meeting , touting the chipmaker as it becomes more crucial to the artificial intelligence data center buildout. He said it's now his favorite name in the chip space.
We're starting a position in a chipmaker that is benefiting from the AI boom in multiple ways
Shortly after the opening bell, we will be initiating a position in Intel , buying 400 shares at roughly $114. Following the trade, Jim Cramer's Charitable Trust will own 400 shares of INTC with a weighting of about 1.10%. We're jumping on the recent pullback in Intel to initiate a new position in this chipmaker.
Intel bit off more than it could chew with 18A process node
Intel is keen to reassure investors that its troubles with the 18A manufacturing process were a one-off, and that it is better positioned to capitalize on what it expects will be growing demand for CPUs used in AI inference workloads. Speaking at the Bank of America 2026 Global Technology Conference in San Francisco, Chipzilla’s chief financial officer David Zinsner claimed that the firm simply bit off more than it could chew in trying to move too fast with the new process node. “I would say...
Jim Cramer's top 10 things to watch in the stock market Thursday
My top 10 things to watch Thursday, June 11 1. Stock futures are green, but off their highs of the morning after President Donald Trump said the U.S. will attack Iran "VERY HARD TONIGHT," with plans to seize Iran's Kharg Island and other oil infrastructure in the "not too distant future." That caused oil prices to reverse and move higher .
New 3D silicon chip breakthrough could extend Moore’s Law for years
New 3D silicon chip breakthrough could extend Moore’s Law for years - Date: - May 30, 2026 - Source: - University of Illinois Grainger College of Engineering - Summary: - As traditional chip miniaturization slows, researchers have found a way to pack more computing power into the same space by stacking silicon circuits in multiple layers. The new process uses ultra-thin silicon membranes and low-temperature manufacturing techniques to overcome a major obstacle that has long blocked the...
Microsoft’s AI chief says superintelligence is near, but won’t take your job
Today I’m talking with Mustafa Suleyman, the CEO of Microsoft AI. And I’m actually going to keep today’s intro short — I’m working from my wife’s family farm this week, as you’ll see in the video, but also this is a real burner of an episode. We covered everything from Mustafa’s approach to training new models to his criticisms of Anthropic talking about Claude as though it is conscious.