Intel, the semiconductor giant, has unexpectedly become a meme stock, capturing the attention of retail investors on Reddit’s WallStreetBets forum. The company’s shares have surged, driven by speculation surrounding its potential in artificial intelligence (AI) and the broader microchip industry. Investors are betting on Intel’s ability to capitalize on the growing demand for AI and advanced computing technologies. The company’s recent investments in AI and its plans to regain market share in the data center and PC chip markets have fueled optimism. However, Intel faces stiff competition from rivals like AMD and Nvidia, which have made significant strides in AI and graphics processing units (GPUs). The meme stock frenzy highlights the growing interest of retail investors in technology companies, particularly those involved in AI and semiconductors, which are seen as crucial enablers of emerging technologies. Intel’s ability to execute its turnaround strategy and deliver innovative products will be closely watched by investors.