15 AI Stocks That are Making Headlines

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9. Intel Corporation (NASDAQ:INTC)

Number of Hedge Fund Holders: 68  

Intel Corporation (NASDAQ:INTC) markets key technologies for smart devices. On November 26, news publication Albuquerque Journal reported that of the $7.8 billion granted to Intel by the government through the CHIPS Act, $500 million has been set aside for Intel in Rio Rancho so it can modernize two fabrication facilities and become a massive advanced packaging facility. Intel will refit and reopen Fab 9 and upgrade its Fabs 11 and 11X in Rio Rancho, per the report. The latest investment in Intel in Rio Rancho is estimated to create 1,800 manufacturing jobs and 2,500 construction jobs.

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