14 AI Stocks on Wall Street’s Radar

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6. Intel Corporation (NASDAQ:INTC)

Number of Hedge Fund Holders: 68  

Intel Corporation (NASDAQ:INTC) markets key technologies for smart devices. Latest reports, published by news platform The Oregonian, suggest that the chipmaker has plans to sell its 150-acre campus in Folsom, California, as part of a broader effort to cut costs amid flagging sales. Per the report, the chipmaker said it is also evaluating the future of its 50-acre Hawthorn Farm property and working to consolidate its footprint at its Silicon Valley headquarters. As rival chipmakers leap ahead courtesy AI, Intel has struggled to maintain chip leadership in recent years, falling behind in technology as well as production.

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