10 AI News and Ratings That You Need To Take a Look At

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1. Intel Corporation (NASDAQ:INTC)

Number of Hedge Fund Holders: 83

Intel Corporation (NASDAQ:INTC) develops and sells computing hardware, semiconductors, AI solutions, and networking technologies for global markets.

On March 17, Reuters reported that Intel’s incoming CEO, Lip-Bu Tan, is considering major changes to the company’s AI strategy and manufacturing operations to address inefficiencies and improve competitiveness. His focus includes streamlining management, restructuring Intel Foundry, and attracting major clients for its contract chip manufacturing business. Tan aims to advance AI chip production, revive the company’s innovation culture, and boost manufacturing efficiency. While continuing past efforts to compete with TSMC, he plans to improve customer service and chip yields. Intel’s upcoming Panther Lake AI chips are crucial for its financial outlook, and long-term success in AI development is expected by 2027.

While we acknowledge the potential of Intel Corporation (NASDAQ:INTC) as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than INTC but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock.

READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires.

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