Jim Cramer Recommends Intel Despite 228% Rally, Sees More Upside in AI Infrastructure

According to Jim Cramer, host of CNBC's Mad Money, the network's Investing Club remains bullish on Intel (INTC-US) on Wednesday, with the stock already up 228% this year. Despite traditionally avoiding heavily rallied stocks, Cramer told members that Intel is his top pick, citing the ongoing surge in AI infrastructure demand and the company's structural growth opportunity in data center CPU and foundry operations. Intel's stock has climbed to around $121, more than tripling from its 2025 low after the U.S. government took a 10% stake last August and Nvidia committed a $5 billion investment. Cramer noted that the market may be underestimating Intel's role in the AI buildout, particularly as demand for inference-focused CPUs accelerates alongside GPU requirements.
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