Intel (INTC) stock has been on a roll over the last 5 days as the semiconductor industry continues to benefit from the AI growth, amid continued curiosity in agentic AI across the enterprise and shopper markets.
Shares of Intel were up a staggering 25% over the last 5 days as of early Tuesday. Last week, CEO Lip-Bu Tan said during an look at the AI Infra Summit that central processing models (CPUs) are in high demand due to reinforcement studying, agentic AI, system-level orchestration, and their general-purpose usefulness.
CPUs have become a crucial part in AI knowledge facilities after initially being perceived as also-rans in contrast with graphics processing models (GPUs) that practice and run AI fashions. But with the introduction of AI brokers, CPUs have taken on a new degree of significance.
That’s because while GPUs run AI fashions that energy brokers, CPUs are the chips that allow brokers to carry out duties such as navigating web sites, procuring online, and more.
Meta’s (META) new Muse AI agent has rapidly become a hit, with market intelligence firm Sensor Tower reporting 2.5 million downloads since Muse launched Sept. 8.
Intel is also reportedly expected to raise the price of its CPUs 10%, according to a report by Digitimes.
Intel is in the midst of a broader turnaround in search of to reestablish itself as a chief in the superior semiconductor space. It’s also working to construct out a third-party chip manufacturing business that would go head-to-head with Taiwan Semiconductor Manufacturing Company (TSMC).
In June, The Information reported that Google selected Intel to manufacture its customized Tensor Processing Units. Nvidia is also wanting at leaning on Intel as a backup chip builder.
More not too long ago, Reuters reported that SK Hynix is in talks with Intel for the semiconductor fabricator to produce reminiscence chips.
Shares of Santa Clara, Calif.-based Intel have been on a roll over the last 5 months, climbing 159%, simply outpacing Nvidia’s (NVDA) 49% growth during the same period. Rival AMD (AMD), however, rose 180%.
Move out further, though, and Intel grabs the lead. Over the last 12 months, the company’s stock is up 314%, versus AMD’s 293% growth. Nvidia has jumped 29%.
Email Daniel Howley at dhowley@yahoofinance.com. Follow him on Twitter at @DanielHowley.
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