Intel Stock Rises 400 Percent Over Past Year

Intel shares have increased roughly 400 percent over the past 12 months. The company attributes the gains to new management, improved operating performance, and capital support from the administration of President Donald Trump.

Lip-Bu Tan, who took control of Intel last year, the company has reported better-than-expected earnings and revenue. Demand for central processing units has risen, driven by growth in agentic artificial intelligence applications. Intel is also advancing its semiconductor foundry operations.

The company plans to begin high-volume production with its latest fabrication processes and hopes to secure manufacturing contracts from Microsoft and Amazon Web Services next year.

20 per share. At a recent price near $120 per share, the stock trades at approximately 100 times projected earnings. 75 per share, which would still place the stock at roughly 70 times forward earnings. By comparison, Nvidia trades at less than 20 times forward earnings estimates.

Intel plans capital spending of about $9 billion for its foundry business in 2026. Taiwan Semiconductor Manufacturing Company plans to invest more than $50 billion in its fabrication operations during the same period.