Jim Cramer on Intel: “One of the Greatest Turnarounds I’ve Ever Seen”
Key takeaways
- Cramer noted that the company “still can’t keep up with the demand,” as he stated:
- A little over a year ago, when Lip-Bu Tan was named CEO of Intel, the stock was sitting at around 20 bucks.
- Meanwhile, Intel’s high-end CPUs are now essential for the data center at a time when there are chip shortages all over the place.
Jim Cramer on Intel: “One of the Greatest Turnarounds I’ve Ever Seen” Syeda Seirut Javed Thu, May 21, 2026 at 8:12 PM GMT+7 2 min read INTC NVDA Intel Corporation (NASDAQ:INTC) was among the stocks Jim Cramer discussed while explaining how investors can navigate the current market rotation. Cramer noted that the company “still can’t keep up with the demand,” as he stated:
A little over a year ago, when Lip-Bu Tan was named CEO of Intel, the stock was sitting at around 20 bucks. Now, after major cash infusions from the federal government and NVIDIA and some fabulous earnings surprises, it’s a $108 stock. One of the greatest turnarounds I’ve ever seen. And as we spotlight the companies helping shape the next chapter of American innovation, Intel’s become a major part of that story. Lip-Bu is friendly with pretty much everyone who matters in the industry. He told me, for example, that he talks to Elon Musk once a week, engineer to engineer.
Meanwhile, Intel’s high-end CPUs are now essential for the data center at a time when there are chip shortages all over the place. Intel’s been building out its domestic manufacturing capacity, exactly the kind of investment in American industry we’re focusing on in our invest in America, 250 years of innovation series. The most recent quarter was phenomenal, and they still can’t keep up with the demand.