The stock has jumped 24% in a single day and 124% so far this year, the first time this has happened since 1987.

News Topical, Digital Desk : Intel shares surged 24 percent in a single day, their biggest gain since October 1987. The company's shares closed at $82.57. The stock is up 124 percent so far this year and has an 84 percent gain in 2025.

Why did Intel's stock price rise?
This surge comes as investors see signs of new growth in the company driven by rising demand for artificial intelligence. Previously, the stock gained 23 percent on September 18th after Nvidia announced a $5 billion investment.

Balance Sheet Improvement
CEO Lip-Bu Tan, who took over early last year, has attracted investment, including from the Trump administration and Nvidia. He has helped the company advance in the AI ​​field, where it previously lagged significantly. Analysts at Evercore ISI said the new CEO has improved the balance sheet and implemented strategies that have brought the company back into the competitive landscape. Following this, the stock has been rated a buy.

The company's revenue exceeded estimates
in the first quarter, rising 7.2 percent to $13.58 billion. The company's revenue had declined year-on-year in five of the previous seven quarters. Intel also issued positive estimates for the second quarter. This upturn is being seen as a major turnaround for the company on Wall Street, as its value had fallen by 60 percent by 2024, and Pat Gelsinger was removed as CEO in December of that year.

For several years, the company remained out of the AI ​​race due to manufacturing delays and awaiting a major customer. Now, the company is working on 14A manufacturing technology, which it plans to introduce in 2028 or later. CEO Tan stated that many customers are evaluating this technology and its development is progressing faster than 18A technology.

The company's data center business has played a key role in the current growth. Revenue from this segment increased 22 percent year-on-year to $5.1 billion. AI has increased demand for CPUs. Citi analysts have also upgraded the stock from a neutral to a buy rating and expect CPU sales to increase in the coming years.

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