10 Important AI News and Ratings for Today

5. Intel Corporation (NASDAQ:INTC)

Number of Hedge Fund Holders: 68

Intel Corporation (NASDAQ:INTC) designs and produces hardware, such as processors and accelerators, to boost performance in AI applications.

On January 27, Wedbush lowered Intel’s (NASDAQ:INTC) price target from $25 to $20 while maintaining a Neutral rating ahead of the January 30 earnings report. The firm adjusted its long-term estimates to reflect the impact of Intel’s non-controlling interest in its fabs on earnings. Wedbush expects Q4 results to be relatively in line, with some demand pulled forward due to potential tariffs offsetting weak client markets and ongoing market share losses in servers and PCs. The analyst also expects Intel to continue losing data center share as AMD gains traction with its Turin platform.