15 AI News Investors Are Paying Attention To

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11. Intel Corporation (NASDAQ:INTC)

Number of Hedge Fund Holders: 68     

Intel Corporation (NASDAQ:INTC) markets key technologies for smart devices. Latest reports, published by tech website HPC Wire, indicate that the company has revealed the name of a new AI chip that will compete with offerings from leading chipmakers. The latest chip is named Jaguar Shores and will be the successor to the Falcon Shores chips. Intel has been struggling financially and recently announced it would cut 15,000 jobs to cut costs. It is also evaluating takeover offers from different chipmakers.

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