14 AI News You Should Pay Attention To

11. Intel Corporation (NASDAQ:INTC)

Market Capitalization: $110 Billion     

Intel Corporation (NASDAQ:INTC) markets key technologies for smart devices. Intel is one of the companies expected to receive billions in government funding through the CHIPS Act. The change of personnel in the White House has led to some concerns around the rebranding of the Act. Needham analysts Charles Shi and Ross Cole addressed these concerns through an investor note on November 11, noting that discussions with experts had led the advisory to believe that the Trump administration may not repeal the CHIPS Act, but will largely rebrand the bill and maintain the original essence of it. The analysts expect policy continuity of the CHIPS Act, which will be a positive for Semicap. Intel is likely to receive $20 billion in funding through the Act, per reports.