Intel (INTC) Stock Surges Toward $130 — 200% Rally in 2026 Driven by AI Chips, Apple Deal & Foundry Expansion
Intel stock is surprising many investors with its positive performance, and it has been showing positive performance for the past several...
Quick overview
- Intel stock has surged nearly 200 percent this year, recently reaching a price of $130, despite a slight loss of 3.62 percent at $115.93.
- The company is experiencing strong growth in its chip and data center businesses, with first quarter 2026 sales up 7 percent year-over-year.
- Intel's new CEO, Lip-Bu Tan, is focused on enhancing the company's competitiveness and has initiated significant investments in technology and new factories.
- A recent agreement with Apple to produce chips using advanced technology is expected to further boost Intel's growth and market position.
Intel stock is surprising many investors with its positive performance, and it has been showing positive performance for the past several months. So far this year, this stock has increased by almost 200 percent, and it has recently touched the $130 target. As a result of all these things, the shareholders of this company are looking very happy and they see the company’s stocks continuing to rise in the coming few months.
At the time we are writing this article, the price of this stock is $115.93 and it is showing a loss of 3.62 percent. But to be honest, after so many days of positive performance, showing a small loss for one day is considered normal.
Introduction to Intel Company
Now we will introduce you to a little about this company. Intel is an American company that makes a special type of chip which is used in very large computers, laptops and AI systems. Intel makes many different types of chips for many different purposes.
If we talk about laptops and computers, this company makes the Core Ultra Series 3 chip. In addition, if we talk about large servers and data centers, for this purpose, this company makes its special Xeon 6 Plus chip. This chip is very powerful and have up to 288 small processing cores inside one chip.
In addition, the company’s new CEO in 2025, Lip-Bu Tan, is working very hard to make this company better, stronger, and more competitive in the market. Looking at the performance of this company and the dedication of its CEO, many people seem very hopeful about the future of this company.
$INTC Funny how a couple of red days for Intel changes the sentiment of the company for so many people…Sentiment follows price.
The stock is up +214% YTD. Like, what are we doing here? Let's not behave like sell-side analysts, just setting price targets wherever the price… pic.twitter.com/nMTRebUEUm
— ImNotHarsh | 📈💸 (@imnotharsh) May 14, 2026
According to the first quarter 2026 report, this company made very excellent sales. The company made approximately $13.6 billion in sales, which is seen as 7 percent higher compared to last year. The report also shows that their chip business and data center business are growing very fast, and it has increased by 22 percent.
On the other hand, their foundry business, which makes chips for other companies, is losing money and has suffered losses because they are spending a lot of money on their new factories and to buy new technology, so in this area they have faced some loss.
But this level of spending clearly shows that the company is investing in its long-term future. Even though they have faced some small losses in the short term and their profit book has been slightly damaged, they are securing their future by investing money in better technology and building new factories. So this makes sense for shareholders and investors.
Apple Agreement Boosting Company Growth
Apart from all these things, there is another very exciting development that is an agreement with Apple company. According to this agreement, Intel will very soon start making chips for Apple products using its advanced ATA technology. Before this, Apple used to work with another company, but this time Apple has made an agreement with Intel, which is looking very beneficial for Intel company.
Intel Expansion and Government Support
Besides this, if we talk about some more positive news, this company is spending a lot of money on building very modern factories, especially inside the United States. For this purpose, the company is receiving a lot of encouragement and support from the U.S. government programs like CHIPS.
However, the main goal of this company is to produce very advanced and fast chips for AI. Besides this, this company also wants to become a strong foundry that makes chips for other companies such as Microsoft, Amazon, Apple. Their effort and this step are creating a lot of new jobs and are further strengthening the country in technology.
INTC is currently trading at $115.92, registering a gain of $0.31 or +0.27% on the 2H chart. After recently making a shallow pullback and testing the upper blue channel around $125.20, the price is now back testing the steep channel support near $108-$113 (0.382-0.5 Fib). We’re still above the red MA dynamic support at $110-$115 with yellow/cyan moving averages fanning out as trailing supports (near $100-$108).
No triangle breakdown, no red candle engulfing. It’s clear higher lows forming within a parallel channel from the April low near $91. A recent impulsive green leg broke out above 0.618 Fib followed by a flag consolidation where lows held perfectly above support levels and price is now above it. The lower oscillator (RSI type) is cooling off around 50 to 58 and showing a positive divergent trend on the current pullback; a few more pullback lows before the oscillator becomes oversold.
The next resistance level is around $116 to $120 and then $125.20 to $133.43 while the first support zone is currently $113.43 to $108.22.
Trade Idea
Long above $116.50 with a stop below $113.40. Target is $120 to $125.20.
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