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Jim Cramer Buys Intel, Citing AI Turnaround, Over Cerebras
Jim Cramer, host of Mad Money, is buying Intel (INTC) shares, citing the company's strong Q2 FY2026 results and an AI-driven turnaround. Intel reported $16.13 billion in revenue, a 25.4% year-over-year increase and its strongest revenue growth in 15 years, with its Data Center and AI segment revenue up 59% year-over-year. Cramer is avoiding Cerebras (CBRS) despite its 94% revenue growth, due to its negative operating margins and negative shareholders' equity. Intel's turnaround is also supported by significant investments from Nvidia, SoftBank, and the U.S. government.
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Disclaimer: This content reflects the author's personal views only and does not constitute investment advice.
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