15 AI Stocks on Wall Street’s Radar

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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. News agency Reuters recently reported that the chipmaker could be one of those impacted by a recent decision of the South Korean government to begin providing about $10 billion in low-interest loans next year to boost its chip industry. Per the report, the loans will be rolled out via state-run banks and include finances to install power transmission lines to support companies at a new chip complex. As Intel struggles, South Korea is building a complex in Yongin and Pyeongtaek, near Seoul, calling it the world’s largest high-tech chip making cluster in an attempt to woo chip equipment and fabless companies.

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