20 AI News That Broke The Internet This Month

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16. Intel Corporation (NASDAQ:INTC)

Number of Hedge Fund Holders: 75     

Intel Corporation (NASDAQ:INTC) markets key technologies for smart devices. A number of Intel rivals have reportedly made bids to take over parts of the business of the chipmaker as it seeks a financial turnaround. Some of those weighing potential investments in Intel include Broadcom, QUALCOMM, and Apollo Asset Management. Meanwhile, Intel Corporation (NASDAQ:INTC) continues to land government contracts and funding, announcing earlier this month that it had been selected for multibillion-dollar contracts to make chips for Amazon and the United States government. Analysts have urged Intel to exit the foundry business but a potential deal in this regard is faced with regulatory problems.

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