# Intel's stock price has soared 88% so far this year, and more than tripled over the last 12 months.

*semiconductor · news · 2026-04-19 · Livemint*

## Key points

- Intel's market cap neared $350 billion for the first time since 2000.
- Intel landed major new partnerships with Google and Elon Musk’s Terrafab project in the past month.
- A shift to AI inferencing now favors CPUs, renewing growth prospects in Intel's historical market.
- Intel trades at over 130 times projected 2024 earnings, far exceeding its dot-com bubble peak multiple.
- Intel's gross margins are not expected to reach historical averages, even under optimistic scenarios.

**Companies:** Intel, Nvidia, Google, AMD
**Countries:** United States

[Read the full story on Livemint](https://www.livemint.com/companies/news/intel-is-making-progress-but-it-isn-t-out-of-the-woods-yet-11776604262376.html)

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