Jim Cramer Highlights How CEO Lip-Bu Tan Solved Intel Foundry Issues
Key takeaways
- Cramer called it his “new favorite stock in this market,” as he commented:
- Okay, I told club members that the answer is my new favorite stock in this market, Intel.
- In fact, Lip-Bu Tan told us it can go to as many as four CPUs for one GPU, four CPUs.
Jim Cramer Highlights How CEO Lip-Bu Tan Solved Intel Foundry Issues Syeda Seirut Javed Sat, June 20, 2026 at 8:28 PM GMT+7 3 min read INTC Intel Corporation (NASDAQ:INTC) was among the stocks on Jim Cramer’s radar on Mad Money, as he advised investors to care about where a stock is going, not where it has been. Cramer called it his “new favorite stock in this market,” as he commented:
Many of the Fed officials want to raise rates because, from their perspective, the economy’s running too hot… And that news, which came out at 2:00 PM, immediately caused the market to roll over, which is when you want to pounce, and which stocks do you want to buy? Okay, I told club members that the answer is my new favorite stock in this market, Intel. We know the story. We had the CEO Lip-Bu Tan on our show, and he was talking about how we’re going to need a ton of CPUs… CPUs are Intel’s bread and butter. As the demand for agentic AI explodes, it’s all about the ratio…
In fact, Lip-Bu Tan told us it can go to as many as four CPUs for one GPU, four CPUs. That’s incredible. CPUs are Intel’s wheelhouse. It’s going to produce an explosion of business for Intel. The stock still finished up 3.5% today on a really horrible day, but it did pull back a couple of bucks from where it was trading before the Fed statement. Another key part of the Intel story is the chip manufacturing business, which is similar to what Taiwan Semi does… Customers increasingly need alternative sources of advanced chip-making from Taiwan Semi. That’s great for Intel’s foundry business.