35 Trending AI Stocks on Latest News and Analyst Ratings

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13. Intel Corporation (NASDAQ:INTC)

Number of Hedge Fund Holders: 75     

Intel Corporation (NASDAQ:INTC) will post third quarter earnings later this month. In the second quarter, the firm delivered disappointing earnings results, falling short of market estimates on nearly all financial metrics. It also initiated a 15% reduction of the workforce and plans to suspend dividends. Since then, reports have emerged that the company is planning to split the foundry business and entertaining bids from several competitors in this regard, with regulatory hurdles the main roadblock in completing the transactions. Investment firm Bank of America has an Underperform rating on the chipmaker stock.

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