Intel (INTC) shares are up about 170% year-to-date as of October 14, 2026, versus about 13% for the S&P 500. The article says the data center and AI segment, which sells server processors, grew revenue 59% year over year to about $6.3 billion in the second quarter, the strongest revenue growth in more than 15 years. AI inference workloads are boosting orders for server CPUs, and Intel expects industry-wide server processor shipments to grow by strong double digits through 2027. Intel launched its first server chip built on its 18A process, Xeon 6+, and 18A production is running ahead of internal targets. The stock trades at about 47 times next year's earnings estimates, but with earnings expected to grow at an annualized 69% and a PEG ratio of 0.8, the article calls it attractive; Intel reports third-quarter results on October 29.
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