# Intel stock has surged dramatically, surpassing dot-com era peaks, driven by unexpected demand for its AI chips.

*semiconductor · news · 2026-04-24 · The Economic Times*

## Key points

- Intel sold previously written-off inventory due to unexpectedly strong AI chip demand in Q1 2026.
- Intel's Xeon server CPUs saw particularly high demand from AI data center operators.
- Intel's rally pushed its market value above $416 billion, surpassing the dot-com era peak.
- Intel's new Tesla supply deal strengthens its foundry ambitions for future AI infrastructure.

**Companies:** Intel, Nvidia, Advanced Micro Devices, Arm Holdings
**Countries:** United States

[Read the full story on The Economic Times](https://economictimes.indiatimes.com/news/international/us/how-intel-intc-went-from-the-brink-of-collapse-to-one-of-techs-most-surprising-turnaround-stories/articleshow/130500756.cms)

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