The Chipmaker's AI Advantage Intel Corporation has experienced remarkable success over the past year, with its shares surging by 472% and 200% year to date.
This growth can be attributed to Intel's strategic positioning in the emerging artificial intelligence (AI) landscape.
According to Jim Cramer, Intel's shift towards an "intellectual property age of hardware" is a key driver behind this success. In this era, software and AI are increasingly reliant on chipmakers like Intel.