11 AI News and Ratings You Probably Missed

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1. Intel Corporation (NASDAQ:INTC)

Number of Hedge Fund Holders: 83

Intel Corporation (NASDAQ:INTC) develops and sells computing hardware, software, and semiconductor products, including processors, GPUs, storage, and AI solutions for various industries.

On March 3, TipRanks reported that Bernstein analyst Stacy Rasgon maintained a Hold rating on Intel (NASDAQ:INTC) with an unchanged $25 price target. Rasgon pointed out ongoing challenges in Intel’s Foundry business transformation, concerns over adopting TSMC processes, and leadership changes affecting execution. While Intel is optimistic about its technology roadmap, weaknesses in customer service and execution are still there. The company targets break-even by 2027 with revenue growth expected later in the decade.

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

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