8 Best Socially Responsible Stocks to Buy According to Hedge Funds

6. Intel Corporation (NASDAQ:INTC)

Number of Hedge Fund Investors: 68

Intel Corporation (NASDAQ:INTC) is a global technology leader that manufactures semiconductors, processors, and integrated circuits. The company’s products are integral to a wide range of devices, from personal computers and data centers to cloud services and the Internet of Things (IoT). Intel Corporation (NASDAQ:INTC) collaborates with industries worldwide to enhance digital transformation.

Intel Corporation (NASDAQ:INTC) is focusing on developing world-class products that are competitive in the market. The company is doubling down on its product roadmap, particularly in key growth areas such as data centers, AI, and client computing. Intel Corporation (NASDAQ:INTC) is investing heavily in its 18A process technology, which is crucial for regaining process leadership and ensuring that its products are at the cutting edge of performance and efficiency. The company has already begun delivering early samples of these products to customers. This focus on innovation is critical for Intel Corporation (NASDAQ:INTC) to compete effectively with rivals such as AMD and ARM.

Intel Corporation (NASDAQ:INTC) is taking a pragmatic approach to manufacturing, recognizing that not all products need to be manufactured in-house. The company has expressed a willingness to outsource certain products to foundry partners such as TSMC, to enhance their quality. This flexibility is particularly important in the data center segment, where Intel Corporation (NASDAQ:INTC) is facing intense competition. Additionally, the company is also making significant investments in its Foundry services.