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SANTA CLARA, Calif.--(BUSINESS WIRE)--Intel Announces Leadership Appointment to Strengthen Customer Engagement and Accelerate Growth.

MU and semiconductor sales surge as AI demand supports chip growth, with four stocks highlighted for potential upside.

The leading contributor was Ambiq Micro, Inc. (AMBQ) , a designer of ultra-low power semiconductor solutions that went public in July of 2025. Suncrete's stock moved higher in the wake of strong first quarter revenue growth. TriSalus posted a significant miss on revenues and lowered guidance during the quarter, citing the impact of a Salesforce (CRM) reorganization and delayed FDA review of its next-generation device.

Intel (NASDAQ: INTC | INTC Price Prediction) and Taiwan Semiconductor Manufacturing (NYSE: TSM) both delivered Q2 2026 results that expose a widening gap between an incumbent and a challenger.

Intel delivered its strongest revenue growth in over 15 years as AI demand, manufacturing yields, and pricing materially improved profitability. Management raised capital expenditures because of long-term customer commitments, suggesting capacity expansion is demand-driven rather than speculative spending. Intel Foundry losses narrowed by approximately $350 million sequentially while 18A yields improved and external customer engagement reached an important inflection point.

The stock market has become remarkably efficient at turning every dip into a buying opportunity.

SoftBank Group posted a smaller-than-expected 18% drop in first-quarter profit ‌on Thursday, buoyed by a gain on its stake in chipmaker Intel , even as it recorded no valuation gain from its holdings in ChatGPT developer OpenAI.

Intel Corp (NASDAQ:INTC) stock fell more than 1% on Wednesday as investors reassessed the stock after a strong recent quarter lifted expectations across the semiconductor sector. The drop follows an 11% gain on Tuesday's close.

Intel Corporation  (NASDAQ:INTC) shares are trading lower on Wednesday after running into resistance around the $100 level on Tuesday. This is why the tech giant is Benzinga's Stock of the Day.

MRVL, AMD and MU rallied as AI optimism, earnings anticipation and strong memory demand powered a semiconductor surge that helped lift the S&P 500 to a record high.