New Delhi, May 1 -- Intel continued to ride the bull wave as its shares jumped another 5.45% to a fresh record high of $100.45 apiece on Friday, 1 May, extending its historic monthly rally as the company's outlook brightened after it delivered blockbuster numbers in the March quarter and issued upbeat guidance.

The shares finished last month with a massive surge of 114%, marking their best monthly rally since joining the Nasdaq nearly 55 years ago. The rally has not only yielded handsome returns to investors but has also reignited the AI trade, which sent the Nasdaq to multiple record peaks.

The uninterrupted run pushed Intel's market value above $490 billion. Intel is experiencing a significant turnaround in 2026, benefiting from AI sp...