We're buying more of a tech stock with a bright long-term future

Shortly after the opening bell, we will be buying 280 shares of Intel at roughly $125.38. Following the trade, Jim Cramer's Charitable Trust will own 780 shares of Intel, increasing its weighting in the portfolio to 2.5% from 1.6%. We're making a sizeable buy of Intel to get the position up to 2.5% in the portfolio ahead of what we continue to expect to be a strong move higher. Jim will share more details on his long-term outlook on Intel during our Monthly Meeting at noon ET Wednesday. The stock has rallied $13 since we initiated this position two weeks ago, but we think there are more gains ahead because of the growth in data center central processing units (CPU) and the foundry story. We also bought more Intel shares on June 5 at $101.80 apiece. The agentic AI era is happening even faster than we thought a month ago, leading to sizeable shift in the ratio of CPUs to graphics processing units (GPUs) in AI server racks. In the beginning stages of the AI revolution, the ratio used to be one CPU for every eight GPUs. However, the rise of agentic AI has pushed the ratio closer to one CPU for every four GPUs. Agentic systems are capable of completing tasks with little to no human intervention. Many believe the ratio will eventually reach parity, meaning one CPU for every GPU, and we're now in the camp that the ratio will tilt even more toward CPUs as agentic servers explode in demand. …