Should You Be Bullish on Intel Corporation (INTC)?

Should You Be Bullish on Intel Corporation (INTC)?

Thu, September 10, 2026 at 2:54 PM GMT+3 3 min read

• INTC +2.61%

American Century Investments, an investment management company, released its second-quarter 2026 investor letter for the "American Century Investments Focused Dynamic Growth Fund". The letter can be downloaded here. U.S. stocks advanced sharply with double-digit quarterly gains largely due to robust earnings, resilient economic data, and momentum in AI-related stocks. However, there was a slight pullback in June as momentum waned and investors anticipated potential interest rate hikes by the Federal Reserve. Growth and AI stocks outperformed value stocks, while large-cap companies generally surpassed small- and mid-cap stocks. Underperformance was noted in healthcare and communication services, while industrials, particularly in aerospace and defense, contributed positively to performance. The fund's investor class returned 16.38%, slightly below the Russell 1000 Growth Index's 16.74%. The investment approach focuses on bottom-up financial analysis to identify large-cap companies with long-term earnings growth potential, while aiming to mitigate non-financial risks. Please review the Fund's top five holdings to gain insights into its key selections for 2026.

In its second-quarter 2026 investor letter, American Century Investments Focused Dynamic Growth Fund highlighted Intel Corporation (NASDAQ:INTC). Intel Corporation (NASDAQ:INTC) is a leading semiconductor company that manufactures, and markets microprocessors, chipsets and other products. On September 09, 2026, Intel Corporation (NASDAQ:INTC) closed at $106.24 per share, reflecting a market capitalization of $561.6 billion. Intel Corporation (NASDAQ:INTC) posted a one‑month return of 1.61%, while its shares gained 331.69% over the past 52 weeks.

American Century Investments Focused Dynamic Growth Fund stated the following regarding Intel Corporation (NASDAQ:INTC) in its Q2 2026 investor letter:

"Intel Corporation (NASDAQ:INTC). Intel is a semiconductor chip designer and manufacturer we've followed for decades. Its chip fabrication business is viewed as a strategic asset that the U.S. government and fabless chip designers have been willing to support. We are also optimistic about the ability of the company's new, seasoned CEO to execute a historic turnaround."

Intel Corporation (NASDAQ:INTC) is not on our list of the 40 Most Popular Stocks Among Hedge Funds. According to our database, 138 hedge fund portfolios held Intel Corporation (NASDAQ:INTC) at the end of the second quarter, compared to 112 in the previous quarter. While we acknowledge the potential of Intel Corporation (NASDAQ:INTC) as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

In another article, we discussed Intel Corporation (NASDAQ:INTC) and shared Insiders Fund's views on the company. In addition, please check out our hedge fund investor letters Q2 2026 page for more investor letters from hedge funds and other leading investors.

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This article is originally published at Insider Monkey.