NVIDIA Vs Intel Corporation (NASDAQ:INTC): Here’s The One Jim Cramer Likes

Melius Research analyst Ben Reitzes set a $165 price target on Intel (INTC), with a potential $200 valuation in two years, citing separate valuations of its product and foundry businesses. Intel's stock has risen 157% this year, and Reitzes' target is significantly higher than the average $117.56 target among analysts. The call is based on Intel securing major foundry clients and maintaining price increases. Intel's next earnings report is awaited to assess progress.

Nvidia (NVDA), AMD (AMD), Intel (INTC), and Broadcom (AVGO) rose in pre-market trading as AI infrastructure spending confidence grew. Bank of America increased its semiconductor industry growth forecast to 18% annually through 2030, expecting the U.S. market to reach $3.2 trillion by 2030. Broadcom's CEO reported strong and durable AI demand, with AI semiconductor revenue up 221% year-over-year.

Nvidia CEO Jensen Huang reaffirmed his prediction of $3 trillion to $4 trillion in global AI infrastructure spending by 2030. Nvidia's revenue grew over 1,000% since ChatGPT's launch, with recent investments and acquisitions expanding its business beyond GPUs. The company reported 106% year-over-year revenue growth in its fiscal 2027 second quarter, with guidance for 70% growth in fiscal 2028.

Samsung co-led a $230M Series A funding round for Dutch AI chip startup Euclyd, which aims to develop specialized hardware for AI inference. Euclyd's architecture focuses on reducing energy consumption and cost, with Samsung contributing engineering expertise and manufacturing support. The company plans to roll out physical chip systems in 2028, targeting enterprise customers by 2030.

The Federal Reserve raised the benchmark interest rate to 3.75%-4.00%, with most officials projecting one more hike this year. U.S. stock futures rallied as bond yields fell. Key economic data, including jobless claims and manufacturing indices, are expected later. Pre-market, Arm Holdings (ARM) and other tech stocks advanced, while Fluence Energy (FLNC) dropped after cutting revenue guidance.

Credo Technology Group (CRDO) reported Q1 2027 revenue of $479M, up 114.7% YoY, with Q2 guidance of $525-535M. NVIDIA (NVDA) reported Q2 2027 revenue of $96.2B, up 106% YoY, with Q3 guidance of $108B. Both companies show strong AI-driven growth, but NVIDIA's scale and profitability outpace Credo's.