Key HighlightsIntel shares jumped 12.06% Wednesday, reaching an all-time intraday peak of $94.95First quarter 2026 revenue climbed 7% year-over-year to $13.6 billion, marking Intel’s largest earnings surprise in over half a decadeSecond quarter 2026 revenue forecast calls for $13.8B–$14.8B, representing 7–14.7% growth versus prior yearJim Cramer praised the quarter as “outstanding,” highlighting CEO Lip-Bu Tan’s successful “cultural shift”Cramer predicts Intel and AMD will experience strong performance throughout the year due to AI-driven CPU demandShares of Intel (INTC) skyrocketed 12.06% during Wednesday’s trading session, finishing at $94.75 after momentarily reaching a record intraday peak of $94.95. The impressive rally came on the heels of robust quarterly results and enthusiastic remarks from CNBC’s Jim Cramer during his Mad Money broadcast.Intel Corporation, INTCThe Mad Money host admitted the results exceeded his own projections. “Even I didn’t expect this formerly iconic chipmaker to report such an outstanding quarter,” Cramer explained to his audience. “It did the impossible — it somehow lived up to the sky-high expectations.”The semiconductor giant delivered first quarter 2026 revenue totaling $13.6 billion, representing a 7% increase from the $12.7 billion recorded during the same period in 2025. Cramer characterized the performance as Intel’s most significant revenue outperformance in over five years, accompanied by margin expansion.Intel’s shares had previously skyrocketed 23.6% on April 24 when the earnings were initially released, establishing a previous record high. Wednesday’s trading session tacked on an additional 12% gain.Cramer credited CEO Lip-Bu Tan as the catalyst behind Intel’s transformation. Tan assumed leadership just over twelve months ago. “I think there’s been a profound cultural shift in Intel,” Cramer observed. “When you listen to him on the conference call, Intel sounds like a company that is firing on all cylinders.”Surging CPU Demand in AI Era Powers ResultsThe revenue outperformance stemmed from robust demand for central processing units, driven by what Cramer characterized as “the next leg of the AI revolution.” Intel’s CFO David Zinsner emphasized that escalating CPU demand enabled better pricing power, which directly contributed to the margin beat.Cramer also emphasized that Intel’s newest generation of server processors is experiencing the most aggressive adoption curve the company has witnessed in five years.For the second quarter of 2026, Intel’s revenue guidance anticipates a range of $13.8 billion to $14.8 billion. This outlook suggests growth between 7% and 14.7% when compared to the $12.9 billion generated in Q2 2025. The prior year’s second quarter showed flat performance versus Q2 2024, making the current forecast particularly noteworthy.Cramer Spotlights AMD and Arm in Chip SectorAddressing the wider semiconductor landscape, Cramer expressed confidence that CPU-focused companies — particularly Intel and AMD — would deliver solid results for the remainder of 2026.AMD advanced 4.30% during the session, while Arm Holdings declined 1.53%. Cramer observed that stocks perceived as Intel “copycats” experienced steeper declines during trading, though he characterized this as a potential entry point for investors.The financial commentator also offered a word of warning about market timing. “Today’s parabolic move says you missed it,” he stated. “But this market could go down in a heartbeat, and then you’re going to get another chance.”Intel’s first quarter 2026 earnings conference call reinforced that the server processor rollout represents the fastest product adoption the chipmaker has experienced in the past five years.The post Intel (INTC) Stock Soars 12% Following Cramer’s Bold AI Revolution Prediction appeared first on Blockonomi.