14 AI Stocks Making Waves on Wall Street

Page 6 of 13

8. Intel Corporation (NASDAQ:INTC)

Number of Hedge Fund Holders: 68

Intel Corporation (NASDAQ:INTC) develops and produces hardware tailored for AI tasks, such as processors, accelerators, and solutions for performance optimization.

Intel has unveiled its new Intel Core Ultra 200 series processors at CES 2025 which are designed to improve mobile computing for businesses, creators, and gamers. The processors feature AI-driven performance, improved efficiency, and better graphics. The Intel Core Ultra 200V series is focusing on businesses by offering AI-driven productivity, long battery life, and better security through Intel vPro and Microsoft’s Copilot+ integration. The Core Ultra 200HX and H series target creators and gamers with improved performance and power efficiency. Intel’s Core Ultra 200U and 200S series provide a balance of performance and power efficiency for mainstream users and desktops. Furthermore, Intel has introduced edge computing solutions that emphasize scalability and performance for AI workloads. The new processors will be available starting in January 2025, with additional models released later in the year.

Page 6 of 13