Observed Signal · Jun 12, 2026 · Market Commentary · Source: CNBC Technology · Impact: 1/5 · Sentiment: Neutral
Jim Cramer names Intel his No.1 stock, sees 63% upside
On June 12, 2026 during the CNBC Investing Club “Morning Meeting,” Jim Cramer said Intel is his No.1 stock and suggested the shares could rise to $200 — implying roughly 63% upside from then-current levels. Cramer described Intel as the strongest story in semiconductors, said its prospects have surpassed Nvidia, and credited CEO Lip‑Bu Tan for restoring confidence in the business and its foundry and CPU initiatives. The article notes Intel shares rallied after a double upgrade from Bank of America. The same episode also covered market context including the SpaceX IPO pricing and brief comments on stocks such as Linde, AMD, Arm, Williams‑Sonoma and Lennar.
This is a market commentary / stock recommendation by a TV host; it is notable to investors but is not a technical, regulatory, or platform-level development relevant to AdTech/MarTech infrastructure.
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Key Takeaways & Evidence Grounding
- Jim Cramer called Intel his No.1 stock during CNBC Investing Club’s Morning Meeting on June 12, 2026.
- Cramer said he expects Intel to reach $200 per share, implying about 63% upside from then-current levels.
- Cramer credited Intel CEO Lip‑Bu Tan for restoring investor confidence in Intel’s foundry and data‑center CPU prospects.
- Intel shares rose following a double upgrade from Bank of America, according to the article.
- The CNBC segment also discussed the SpaceX IPO (priced at $135, indicated to open near $165) and other stocks including Linde, AMD, Arm, Williams‑Sonoma and Lennar.
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Jim Cramer: Intel Still a Buy After 228% Rally
CNBC host Jim Cramer named Intel his top stock pick, saying the chipmaker still has room to run despite a more than 200% rally this year. Cramer cited growing demand for AI infrastructure, the rise of inference and "agentic" AI that could increase CPU requirements, and Intel’s expanding foundry business as reasons for further growth. He noted that Cramer’s Charitable Trust initiated a position in Intel on June 3 and has added to it twice. The article references corporate events that coincided with Intel’s turnaround: a U.S. government announcement of a 10% stake in August 2025 and a roughly $5 billion investment from Nvidia about a month later. Shares traded around $121 and were up about 228% year-to-date at the time of publication.
Jim Cramer: Intel Could Rise About 40%
On June 30, 2026 Jim Cramer told CNBC that Wall Street is shifting its AI trade away from hyperscaler tech giants toward the companies supplying AI infrastructure. He said markets are "rewarding tech companies with products in high demand and punishing their customers," noting that the Magnificent Seven collectively lost roughly $2.3 trillion in market value in June as investors questioned hyperscalers' heavy AI spending. Cramer identified memory and chip suppliers — Micron, Sandisk, Intel, Marvell Technology and AMD — as some of the quarter’s biggest winners and singled out Intel as his new favorite, crediting CEO Lip‑Bu Tan. He also said Nvidia, while a key AI compute supplier, has become a laggard amid concerns about custom chip competition. Cramer’s Investing Club Charitable Trust holds Intel shares.
Two Stocks Poised to Benefit from Next‑Gen AI Chips
A CNBC Investing Club Morning Meeting recap highlighted two stocks positioned to benefit from next‑generation AI chip trends. Intel shares rose after the company announced Seok‑Hee Lee will join as executive vice president of its foundry business, a hire the Club said reinforces Intel’s foundry turnaround and the opportunity in advanced packaging. Qnity’s stock also rose, extending gains this year as the company benefits from a shift toward stacking chip components to boost performance, which increases demand for specialized materials. The piece notes macro context—oil eased on Iran negotiations and Treasury yields moved higher—and discloses that Jim Cramer’s Charitable Trust holds Intel and Qnity.
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