Intel Corporation (INTC) is expanding in the AI market with next-gen AI PCs, combining powerful hardware and software for on-device AI capabilities. The company’s Panther Lake processors offer faster AI performance and improved efficiency. Intel collaborates with HP, Microsoft, and CrawlQ.ai to enhance AI capabilities and has secured an investment from NVIDIA.

Rivals Qualcomm (QCOM) and AMD are also entering the AI PC market with Snapdragon X chip and Ryzen AI processors, respectively. Qualcomm provides developer tools like Qualcomm AI Hub, while AMD focuses on fast on-device AI and better graphics with its Ryzen processors and Radeon GPUs.

Intel’s stock has surged 147.1% over the past year, outperforming the industry average. The company’s shares trade at 1.99 book value, lower than the industry average of 32.17. Earnings estimates for 2025 have increased to 34 cents per share, while those for 2026 have declined to 58 cents. Intel stock carries a Zacks Rank #3 (Hold).

A semiconductor stock recommended by Zacks Investment Research is poised to benefit from the growing demand for AI, Machine Learning, and IoT. With strong earnings growth and expanding customer base, the company is positioned for success in the semiconductor market, projected to reach $971 billion by 2028.

Read more at Nasdaq: Can Intel’s Upgradation in AI PCs Strengthen Its Business Growth?