11 AI News and Ratings on Investors’ Radar

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1. Intel Corporation (NASDAQ:INTC)

Number of Hedge Fund Holders: 68

Intel Corporation (NASDAQ:INTC) develops and sells processors, semiconductors, and computing solutions for industries like cloud, AI, networking, and autonomous driving worldwide.

On February 12, Baird analyst Tristan Gerra discussed potential developments in Intel’s 3nm/2nm fab and noted talks in the Asian supply chain about possible U.S. government involvement. Under this scenario, TSMC could send engineers to assist Intel’s fab operations, potentially spinning off the fab into a TSMC-Intel joint entity eligible for U.S. Chip Act funding. Although unconfirmed and possibly lengthy, the move could help Intel focus on design and platform solutions while easing cash flow and attracting fabless companies to diversify manufacturing. Baird maintains a Neutral rating with a $20 price target.

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 timeframe. 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 Complete List of 59 AI Companies Under $2 Billion in Market Cap

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