CNBC host Jim Cramer claims Intel Corp.

(NASDAQ:INTC) stock is artificially depressed and "belongs at $110" following massive forced liquidations from Leopold Aschenbrenner’s hedge fund, Situational Awareness.

Cramer attributed the semiconductor giant's last week's post-earnings collapse to "some of the most hideous selling I have ever witnessed," pinning the relentless market dump on the over-leveraged AI fund’s sudden unwinding.

Unmasking the Culprit Behind the Dump Following strong quarterly results, Intel experienced an aggressive and uncharacteristic selloff that initially baffled market observers.

In a post on X, Cramer revealed that the unrelenting stream of shares hitting the market was not driven by fundamental weakness, but by a forced liquidation event.