15 AI News Updates That Investors Are Watching

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8. Intel Corporation (NASDAQ:INTC)

Number of Hedge Fund Holders: 68  

Intel Corporation (NASDAQ:INTC) markets key technologies for smart devices. On November 28, news agency Reuters reported that the latest deal of the chipmaker with the government, under which the former has been provided with close to $8 billion in government grants, restricts the ability of the firm to sell stakes in the chip-making unit if it becomes an independent entity. Latest filings from Intel reveal that Intel must keep at least 50.1% ownership of Intel Foundry if it decides to spin it off into a private company. If Intel Foundry goes public, no third party can own 35% or more unless Intel stays the largest shareholder.

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